1.5 billion US dollar IMF Extended Credit Facility

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EAZ Welcomes $1.5 Billion IMF Facility, Calls for Concessional Financing

The Economics Association of Zambia (EAZ) has welcomed the proposed 1.5 billion US dollar financing facility under the International Monetary Fund (IMF) Extended Credit Facility (ECF), describing it as an important step towards stabilizing the macroeconomic environment and supporting the country’s economic growth agenda. EAZ National Secretary John Musantu,  said a stable macroeconomic environment, characterized by controlled inflation, affordable interest rates, a stable exchange rate, adequate foreign reserves and improved domestic revenue mobilization, is essential for the successful implementation of […]

todayOctober 12, 2026 4

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