FINANCE and National Planning Minister Dr Situmbeko Musokotwane says there will be no job freeze with the clinching of an IMF bailout package, arguing that the Fund actually approved the recent employment of over 40,000 civil servants. And Secretary to the Treasury Felix Nkulukusa says contrary to some stakeholders’ beliefs, subsidies have not been removed on the FISP programme. Meanwhile, IMF resident representative for Zambia Preya Sharma says the IMF loan which Zambia has gotten is interest free and will be repaid over a period of 10 years, with repayments only commencing after five years. At a media briefing, Thursday, Dr Musokotwane told Zambians not to be scared and intimidated by the IMF programme, describing it as user friendly. “Conditionalties,...

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