Zambia to resume talks with IMF over possible aid programme in October

PUBLISHED: Tue, 19 Sep 2017 16:33:07 GMT

Zambia’s Finance Permanent Secretary said on Tuesday that the southern Africa nation will resume talks with the International Monetary Fund over an aid programme in October and hopes to get IMF board approval by the end of the year.

Sign Up for Our Newsletter Daily Update

Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent.
Get this delivered to your inbox, and more info about about our products and services. By signing up for newsletters, you are agreeing to our Terms of Use and Privacy Policy.

“The engagement with the fund is pretty advanced. We have addressed most of the structural issues and agreed to them,” Mukuli Chikuba said during the launch of a mid-year economic report.

“The work that is remaining with the IMF includes spending plans for the rest of 2017. We will resume engagement with the fund in October and hope to get board approval by December.”

Reporting by Chris Mfula; Writing by Nqobile Dludla