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IMF loan boosts Zambia’s recovery hopes, but debt risks linger

Lusaka, Zambia Photo by Seiko Yamada @ Unsplash
Photo by Seiko Yamada @ Unsplash

Justice Nwafor

Justice Nwafor is an award-winning journalist covering finance, energy, climate, and economic development across the region.
  • $184 million disbursed as part of Zambia’s $1.55bn IMF programme
  • Growth prospects improve, but economy still vulnerable to debt and external shocks

 

LUSAKA, ZAMBIA – A new $184 million disbursement from the International Monetary Fund is expected to bolster Zambia’s economic recovery and investor confidence, experts say.

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