FINANCE and National Planning Minister Dr Situmbeko Musokotwane says the ongoing investigations at the Ministry of Finance will not affect talks with the IMF. Meanwhile, the Ministry of Finance has announced that an IMF Mission has arrived in the country to commence the first review of Zambia’s IMF Programme under an Extended Credit Facility (ECF) arrangement. Last week, ACC announced the arrest of 18 individuals in a financial scandal at Ministry of Finance, among them Auditor General Dick Sichembe, former Secretary to the Treasury Fredson Yamba and Accountant General Kennedy Musonda. In January this year, IMF Managing Director Kristalina Georgieva, during her visit to Zambia, assured the country that the Fund will make another disbursement to Zambia once the first...

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