IMF says Zambia has made impressive progress on inflation, reserves, and debt restructuring, but faces fiscal pressure before elections

WIRE — THE International Monetary Fund said Thursday that Zambia has made substantial progress in restoring macroeconomic stability but faces rising fiscal pressure ahead of the Aug. 13 elections. An IMF staff team led by Edward Gemayel visited Lusaka from April 30 to May 13 to discuss a potential successor program with the government. The current Extended The post IMF says Zambia has made impressive progress on inflation, reserves, and debt restructuring, but faces fiscal pressure before elections first appeared on Mwebantu.

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