ZAMBIA and the IMF have reached a staff-level agreement on economic policies to conclude the second review of the 38-month Extended Credit Facility (ECF) which if approved, will see the country having access to about $184 million financing. And IMF has welcomed the agreement on the MoU reached with Zambia’s official creditors and the on-going discussions with private creditors. In a statement, Monday, IMF stated that despite a challenging environment, Zambia’s economy was showing resilience with real GDP growth projected at 4.3 percent in 2023 and 4.7 percent in 2024. “The Zambian authorities and the IMF team have reached a staff-level agreement on economic policies to conclude the second review of the 38-month Extended Credit Facility supported program (ECF). Once...