Wed, 21 Dec 2016 12:20:25 +0000 By Buumba Chimbulu GOVERNMENT will formally write to the International Monetary Fund (IMF) to request for a financing programme once the 2017 national Budget has been approved by Parliament, Finance Minister Felix Mutati has announced. Mr Mutati said Government could not engage with the IMF on any of its programmes before the Budget could be approved by Parliament which he said was in-charge of the entire process on behalf of Zambians. Mr Mutati explained that the engagement with the IMF would be based on the 2017 national Budget and the medium term expenditure framework. In an interview, Mr said Government could not request for a programme from the IMF before the Budget approval by Parliament which would dictate parameters of engagement with the fund. “You cannot write to the IMF requesting for a financing programme before Parliament has approved the 2017 Budget. This is because Parliament is the one […]
