IMF bailout raises confidence among the business Community – Dr. MUSOKOTWANE

By MacPherson Mukuka Government says the decision by the International Monetary Fund (IMF) to grant Zambia the bailout package is already yielding positive results. Finance Minister SITUMBEKO MUSOKOTWANE says this is evidenced by the appreciation of the Kwacha shortly after the announcement. Speaking during the- IMF- ZAMBIA media Briefing in Lusaka, Dr. MUSOKOTWANE said the

IMF bailout package expected in September

Finance and National Planning Minister SITUMBEKO MUSOKOTWANE says the International Monetary Fund (IMF) bailout package for Zambia will most likely be concluded in early September 2022 and not at the end of August as earlier indicated. Dr. MUSOKOTWANE says this is because some IMF staff were on recess for their summer leave. The Minister says
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