GOVT STILL ENGAGING THE IMF

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GOVT STILL ENGAGING THE IMF

 

State house says the engagements with the international monitory fund on the bailout package are still active.

 

The International Monetary Fund has maintained that discussions on a possible fund-supported program with Zambia remains suspended.

 

The IMF says the talks remain frozen because the Zambian Government’s borrowing plans compromised the Country’s debt sustainability.

 

But Presidential Spokesperson Amos Chanda explained that according to a brief by Finance Minister Margaret Mwanakatwe the International Monetary Fund will be coming in the Country for further consultations.

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