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Zambia seeks IMF program extension for $145 million to maintain economic stability.
Zambia seeks to extend its International Monetary Fund (IMF) program by a year to secure about $145 million in donor support and maintain economic stability.
Finance Minister Situmbeko Musokotwane says the extension, which would conclude in October 2026, is necessary to keep investor confidence and avoid losing support tied to the IMF program.
The current $1.7 billion IMF assistance package has already disbursed $1.55 billion since its launch in August 2022.
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Zambia busca una extensión del programa del FMI por $145 millones para mantener la estabilidad económica.