Search

Zambia’s Stakeholders Call for IMF Exit Strategy as Program Nears End

  • Stakeholders urge Zambia to plan for a post-IMF strategy as the $1.3 billion Extended Credit Facility concludes
  • Concerns grow over Zambia’s ability to meet benchmarks amid drought and upcoming 2026 elections

Lusaka, Zambia – As Zambia’s three-year, $1.3 billion IMF Extended Credit Facility (ECF) approaches its 2025 conclusion, major stakeholders are urging the government to outline an exit strategy. Initially secured in 2022, the IMF program aimed to tackle macroeconomic challenges exacerbated by climate impacts and to aid in restructuring Zambia’s $13.5 billion external debt.

Recent Business

African map. Photo by Joachim Schnürle @ Pixabay
Can Africa really have one central bank by 2026?
Read More »
Musanze, Rwanda. Photo by Dieuvain Musaghi @ Unsplash
Rwanda inflation ticks up to 7.2% as food insecurity and import costs bite
Read More »
Highway Photo @ Pixabay
Ethiopia secures $184mn AfDB grant to plug key gap on Djibouti trade corridor
Read More »

Recent Politics

African military exercise. Photo by Alexander McKinley @ Unsplash
Can a US-brokered deal finally end the DRC - Rwanda conflict?
Read More »
Patrice Talon, President of Benin Photo @Patrice Talon/Facebook
Benin coup attempt foiled as ECOWAS warns of regional force deployment
Read More »
William Ruto, President of The Republic of Kenya. Photo: @ William Ruto/Facebook
Ruto strengthens 2027 re-election bid as UDA sweeps key Kenya by-elections
Read More »

Latest Posts

Latest news insights