Zambia, IMF agree on more bailout funds
Published On April 7, 2023 » 1112 Views» By Times Reporter » Latest News
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By JOSEPH BANDA –
ZAMBIA and the International Monetary Fund (IMF) have reached a Staff- Level Agreement (SLA) on economic and financial policies that will enable the country access US$188 million of the US$1.2 billion bailout package.
The SLA was subject to approval by the IMF management and board before the US$ 188 million, which would be the second disbursement, was released to the Government.

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