IDC, IMF confer on SOEs ops
Published On May 13, 2024 » 436 Views» By Times Reporter » Business, Stories
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. Muleya

By ANDREW MULENGA –
THE Industrial Development Corporation (IDC) has engaged the International Monetary Fund (IMF) to discuss initiatives and strategic plans aimed at overcoming operational challenges faced by State Owned Enterprises (SOEs).
IDC Chief Executive Officer Cornwell Muleya recently held a meeting with IMF Mission Chief for Zambia, Mercedes Vera Martin and the fund’s Resident Representative, Eric Lautier.
During the meeting, Mr. Muleya highlighted the long-term strategy that IDC is implementing to overcome the SOEs’ operational challenges and ensure their profitability as well as improve their contribution to the economy.

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