By NATION REPORTERTHE International Monetary Fund (IMF) should apologise to Zambia and African as a whole for impoverishing the continent which has seen the loss of lives, increased poverty and the de-industrialisation of economies implementing its reformed programmes, Emmanuael Mwamba has demanded.Mr Mwamba, Zambia’s former ambassador to Ethiopia has said in its current form, the IMF structural programmes remain as harmful to the poor and vulnerable as it was in the 1990s because its main agenda has been to promote multinational interests without regard to the people and their way of life.Mr Mwamba who is one of the Patriotic Front’s presidential candidates stated that the IMF programmes in Africa have remained fundamentally flawed and not different from what it was in the 1990s.In his letter to Ms. Kristalina Georgieva, the Managing Director and Chairman of the Executive Board of the IMF, Mr Mwamba has demanded that the IMF should make the full disclosure of the […]
IMF owes Zambia an apology
