BoZ projects reserves growth
Published On July 3, 2023 » 931 Views» By Times Reporter » Business, Stories
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. Chipimo

By CHATULA KANGALI –
THE Bank of Zambia (BoZ) this year projects to grow its international reserves to five months of import cover from the current 3.8 months.
BoZ Deputy Governor for operations Francis Chipimo says the current central bank international reserves of 3 . 8 falls far below the Southern African Development Community (SADC) and Common Markets for
Eastern and Southern Africa (COMESA) recommended six months of import cover.

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