Wed, 20 Sep 2017 10:51:43 +0000 By Aaron Chiyanzo NEGOTIATIONS between Zambia and the International Monetary Fund (IMF) are likely to be finalised by the end of this year, the Ministry of Finance has announced. Permanent Secretary for Economic Management and Finance, Mukuli Chikuba said engagements with the IMF had reached an advanced stage and that most of the structural issues had been addressed. Mr Chikuba explained that most of the structural issues which were holding back the deal, bordered on agriculture subsidies, among others. He pointed out that the work that was remaining to close the IMF package was around spending plans for the rest of this year, including government’s borrowing plan. Mr Chikuba was speaking during the launch of a public dissemination of the recently published Economic Stabilisation and Growth Programme and the 2018- 2020 Mid-Term Expenditure Framework in Lusaka yesterday. Mr Chikuba said engagements with the IMF would resume next month alongside […]
