By BUUMBA CHIMBULUA decision on whether or not Zambia’s official creditors will give the country debt relief and extension is currently holding progress to reach an agreement with the International Monetary Fund (IMF).To this effect, the IMF programme is currently dependent on the positive outcome from the official creditors.Minister of Finance and National Planning, Dr Musokotwane said lack of financial assurance from Zambia’s official creditors was what was delaying as the IMF needed assurance from the creditors concerning Zambia’s debt.He however said Government was confident of a positive outcome which is expected to be announced by end of this week following a meeting by the creditors on Monday this same week.This is according to the Finance and National Planning Minister, Situmbeko Musokotwane, in an interview yesterday in Lusaka on the sidelines of the 5th Specialised Technical Committee on Finance, monetary affairs, economic planning and integration. Dr Musokotwane expressed confidence of a positive outcome from the […]
CREDITORS DELAY IMF DEAL, SAYS MINISTER
