Zambia's second programme review could be completed by year-end: IMF

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The IMF's executive board on Thursday approved an immediate $189 million disbursement to Zambia following its first review of a $1.3 billion loan programme

Rachel Savage and Jorgelina do Rosario, Reuters News

July 14, 2023

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JOHANNESBURG - Zambia's second programme review could be completed by the end of the year and grant access to a similar size disbursement as the first review, the International Monetary Fund's mission chief for Zambia, Allison Holland, said on Friday.

The IMF's executive board on Thursday approved an immediate $189 million disbursement to Zambia following its first review of a $1.3 billion loan programme.

(Reporting by Rachel Savage and Jorgelina do Rosario; Writing by Anait Miridzhanian; Editing by Alexander Winning)

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