IMF hails Govt’s prudent economic management
Published On February 22, 2024 » 1188 Views» By Times Reporter » HOME SLIDE SHOW, SHOWCASE
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. Kalyalya

By JAMES KUNDA –
THE International Monetary Fund (IMF) has hailed the Government for prudently managing Zambia’s economy
as the country had continued exhibiting macroeconomic and fiscal stability amidst a challenging global economic
phase.
And Bank of Zambia (BoZ) Governor Denny Kalyalya has attributed the appreciation of the Kwacha to the emergence
of foreign currency inflows into the mining sector following the Government’s unlocking of Mopani and Konkola Copper Mines (KCM) on the Copperbelt.
IMF African Department deputy director Costa Christou said in prudently managing the economy, the Zambian Government had rooted out corruption and enhanced transparency.

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