FINANCE Minister Dr Situmbeko Musokotwane and IMF representative for Zambia Preya Sharma have discussed various aspects of strengthening the partnership between Zambia and the Fund.
According to a statement issued by the Ministry of Finance, Tuesday, Sharma called on Dr Musokotwane on Tuesday.
“IMF Resident Representative for Zambia Preya Sharma this morning paid a courtesy call on Finance Minister Dr Situmbeko Musokotwane, MP. The bilateral engagement, held at the Ministry of Finance Headquarters in Lusaka, was the first between the IMF Resident Representative and the new Minister of Finance. The meeting discussed various aspects of strengthening the partnership between Zambia and the Fund,” read the statement.
“A few days ago, Zambia received USD1.3 billion from the USD650 billion IMF Special Drawing Rights (SDR) general allocation. The resources from the IMF will assist the country to attain the development aspirations and lead to economic stabilisation and positive growth.”
Zambia recently received USD1.3 billion from the USD650 billion IMF Special Drawing Rights general allocation which would assist the country to attain its development aspirations.
One Response
Hi, the reported idea (by Mr Shamenda) of re-introducing Deputy Ministers belongs to the museum… it is a non-starter and should never be entertained now or in the future. One minister per ministry is enough because there is already a Permanent Secretary in each ministry who helps in policy implementation. As such, any cabinet minister who feels that he/she cannot cope with the ministerial ‘workload’ must resign and leave room for those who can cope. The suggestion that Deputy Ministers were ‘offering relief work’ to Cabinet Ministers simply confirms the laziness and lack of seriousness that was going on during Mr Shamenda’s time as minister. Too much money was spent on useless ventures such as salaries for Deputy Ministers at the expense of improving social services for the ordinary Zambian citizen. Mr Shamenda should be talking about more funds being allocated to the procurement of quality medicines in hospitals and increasing school bursaries, and not discussing matters that are completely irrelevant to the lives of ordinary people.