THE International Monetary Fund (IMF) has urged government to enhance transparency in the energy sector by fostering competitive open access to the TAZAMA pipeline and reduce fuel costs for all. And IMF Resident Representative in Zambia, Eric Lautier, says the fourth staff level agreement that Zambia has reached with the Fund under the Extended Credit Facility confirms that the country’s policies are conducive to restore macro-economic stability. Meanwhile, IMF has revised Zambia’s 2024 real Gross Domestic Product (GDP) growth projection to 1.2 percent from 2.3 percent forecasted in June, 2024. In an interview, Tuesday, Lautier disclosed that upon completion of the review by the IMF board in mid-December, Zambia would access about $185.5 million in financing. “Essentially what it means...

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