- IMF releases final $190m tranche under Zambia reform programme
- Growth outlook upbeat, but debt risks and reforms remain
LUSAKA, ZAMBIA — The IMF has approved its final review of Zambia’s lending programme, unlocking fresh funding and endorsing the country’s improving growth outlook despite lingering debt risks.
The Executive Board of the International Monetary Fund on Tuesday completed the sixth and final review of Zambia’s 38-month Extended Credit Facility, clearing the way for an immediate disbursement of SDR 138.9 million, about $190 million. That brings total IMF support under the programme to roughly $1.7 billion.
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