Zambia’s Bonds Sink Most in Emerging Markets After IMF’s Warning

Zambia’s Bonds Sink Most in Emerging Markets After IMF’s Warning

Zambia’s dollar-denominated bonds led losses among emerging peers on Wednesday after the IMF warned that the country’s capacity to service its debt remains weak, dampening bondholders’ hopes for improved terms.

Zambia hopes to get extra $145 million from IMF programme extension

LUSAKA - Zambia hopes to get an additional $145 million by extending its International Monetary Fund programme by another 12 months, its finance minister said on Tuesday. Read more at straitstimes.com.

Zambia : IMF Credit Facility Extended By One Year

Minister of Finance and National Planning, Situmbeko Musokotwane has announced government’s extension of the International Monetary Fund (IMF) Extended Credit Facility (ECF) programme by one year. Dr Musokotwane says the IMF-ECF programme, which commenced in August 2022 and was scheduled to end in October, 2025, has been extended by the government following a recent Cabinet […]

Zambian govt justifies application for IMF program extension

Lusaka, Aug 6 (SocialNews.XYZ) The Zambian government on Tuesday defended its decision to apply for an extension of its International Monetary Fund (IMF) Extended Credit Facility (ECF) program. Minister of Finance and National Planning Situmbeko Musokotwane said the extension is necessary to consolidate and maintain the economic confidence that the country has achieved following the successful implementation of the program, Xinhua news agency re…

Zambia hopes to get extra $145 million from IMF programme extension - Regional Media News

LUSAKA (Reuters) -Zambia hopes to get an additional $145 million by extending its International Monetary Fund programme by another 12 months, its finance minister said on Tuesday. The Southern African copper-producing country has been trying to get its public finances back on track after running up a huge debt pile. It said last month that it would ask the IMF to extend its loan programme, which is due to expire in October, but did not say how m…