• Last year this time the inflation rate was at 24.4%.• With increased economic activities, economic growth objectives are likely to be met.• IMF bailout
• Responsible wings of Government will continue to update the nation on issues of recruitment’s of teachers and medical personnel and on the CDF.• The
• IMF Deputy Managing Director Antoinette Monsio Sayeh is scheduled to visit Lusaka, Zambia.• The high-level talks will focus on recent economic developments.• The two
• When food prices begin to surge and levels of unaffordability to the food increase, there is serious discontent among citizens.• This tends to undermine
• Zambian Government remains in constant touch with the IMF.• IMF intervention will enable the country to get onto an IMF program.• Zambia approached the
• ECF arrangement should focus on restoring macroeconomic stability• It should provide the foundation for an inclusive economic recovery.• The Fund will provide interim finance
• Kwacha gained strength following news about staff level agreement between Zambia and IMF.• The sentiments boosted investor confidence in the Zambian economy.• The local
• Appreciation of the Kwacha is due to positive sentiments surrounding IMF Staff Level Agreement with Zambia.• Announcement of Staff Level Agreement has led to
• 2020 Real GDP performance shows a negative 3 percent.• Annual percentage change in inflation as measured by consumer price is projected at 15.2 percent