THE International Monetary Fund (IMF) says Zambia has demonstrated commendable tenacity in stabilising its economy with growth rates in 2023 and 2024 surpassing initial forecasts despite facing economic shocks. The IMF has disclosed that it has received some questions on Zambia’s homegrown programme which it supported through a US$1.3 billion Extended Credit Facility (ECF). This was revealed in a question and answer involving IMF Zambia Resident Representative Eric Lautier as highlighted below. “Question and answer outreaches on Zambia’s programme with the IMF. The IMF and the authorities (Zambian government) have received some questions on the Zambia’s homegrown programme supported by the IMF through a US1.3 Billion Extended Credit Facility (ECF). This write-up is aimed at responding to some of the...

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