THE International Monetary Fund (IMF) has urged government to restore the TAZAMA open access framework and to publish the terms of emergency procurement arrangements. The IMF has disclosed that priorities under a successor Extended Credit Facility (ECF) arrangement have been identified, stating that the authorities aim to consolidate macroeconomic stability while shifting toward more inclusive and private sector-led growth. The IMF adds that Zambia has made substantial progress in restoring macroeconomic stability but warns that the challenge now is to preserve these hard-won gains amid elections and heightened global uncertainty. In a statement released by IMF Media Officer Wafa Amr, Thursday, IMF staff team leader Edward Gemayel noted that the Zambian authorities suspended the TAZAMA open-access framework in response to...
