THE International Monetary Fund (IMF) says Zambia’s debt is sustainable but remains at high risk of debt distress. Meanwhile, Finance Minister Dr Situmbeko Musokotwane says government has taken note of the IMF’s assessment, stating that making continued progress on debt restructuring remains a national priority. The IMF Executive Board completed the sixth and final review under the 38-month Extended Credit Facility (ECF) Arrangement, which has supported Zambia’s reform agenda aimed at restoring macroeconomic stability, building economic resilience, and promoting sustainable and inclusive growth. The completion of this review allows for an immediate disbursement of SDR 138.9 million (about US$190 million), bringing Zambia’s total disbursement under the ECF-supported programme to SDR 1,271.66 million (about US$1.7 billion). In a statement, Wednesday, IMF...

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