IMF approves final review for loan to Zambia, unlocking $190 million

he International Monetary Funds IMF has approved the final review of Zambia’s lending program

This is the sixth and final credit facility by the IMF board to the Southern African nation, unlocking $190 million.

In 2022, Lusaka had sought a $1.3 billion in financing from the IMF, which was later revised to $1.7 billion to help it avoid debt default and other economic woes.

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