THE International Monetary Fund (IMF) has revised downwards its GDP growth projection for Zambia from 5.8 per cent to 5.2 per cent for 2025 and from 6.4 per cent to 5.6 per cent for 2026 in its latest World Economic Outlook. Last month, the IMF predicted a GDP growth of 5.8 percent for the country in its fifth World Economic Outlook. It noted that the country’s GDP would grow by 5.8 percent in 2025 and move to 6.4 percent in 2026. However, presenting the latest Economic Outlook, Thursday, IMF Resident Representative in Zambia, Eric Lautier, said the revision was due to the energy crisis the country had been facing. “In 2026, the growth remains driven by mining investment and good...
