Wed, 01 Mar 2017 13:08:46 +0000 By NATION REPORTER A DELEGATION from the International Monetary Fund arrives in Zambia today for talks over a US$1 billion financing deal which is expected to propel the country on its economic recovery programme, it has been learnt. And Zambia is unlikely to return to the international bond market before 2018 as the country seeks to pursue its home grown road map after suffering a steep in commodity prices of recent years while devising initiatives to service the existing US$3 billion loan secured in bonds since 2012. Finance ministry spokesperson Chileshe Kandeta and sources close to the meeting said the return of the officials from the Bretton Woods Institution is part of the consultative programme expected to culminate into an IMF supported programme. However, sources close to the IMF-Zambia financing deal say the Government was cautious in its approach towards the bond market and is presently considering ways […]
