This web page provides information on the activities of the Office, views of the IMF staff, and the relations between Zambia and the IMF. Additional information can be found on Zambia and IMF country page, including official IMF reports and Executive Board documents in English that deal with Zambia.
At a Glance
- Current IMF membership: 190 countries
- Zambia joined the Fund on September 23, 1965; Article VIII
- Total Quotas: 978.2 million (As of April 30, 2016)
- Special Drawing Rights (SDR): 1339.68 million
- Article IV/ Country Report: July 13, 2023
IMF's Work on Zambia
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IMF Reaches Staff-Level Agreement with Zambia on the Second Review of the Extended Credit Facility
November 20, 2023
A staff team from the International Monetary Fund (IMF) team, led by Ms. Vera Martin, IMF mission chief for Zambia, visited Lusaka from October 25th to November 8th, 2023, to discuss progress on economic and financial policies to in the context of the second Review under the Extended Credit Facility (ECF) arrangement. The
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China’s Slowing Economy Will Hit Sub-Saharan Africa’s Growth
November 9, 2023
The country’s economic engagement with the region is evolving, with implications for growth, trade, and investment.
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Transcript: African Finance Minister's Press Conference
October 14, 2023
Transcript of African Finance Minister's Press Conference at the Annual Meetings 2023
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Transcript of Press Briefing: Regional Economic Outlook for Sub-Saharan Africa
October 13, 2023
Transcript of Africa's Regional Economic Outlook
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Transcript of IMF Press Briefing
September 28, 2023
Transcript of IMF Press Briefing
Regional Economic Outlook
October 10, 2023
LIGHT ON THE HORIZON?
Still emerging from the COVID-19 pandemic, countries in sub-Saharan Africa have been hit by a sluggish global economy, worldwide inflation, high borrowing costs, and a cost-of-living crisis. In many cases, inflation is still too high, borrowing costs are still elevated, exchange-rate pressures persist, and political instability is an ongoing concern. To ensure that the coming rebound is more than just a transitory glimpse of sunshine, it is important for authorities to guard against a premature relaxation of stabilization policies, while also focusing on reforms to both claw back lost ground from the four-year crisis and also to create new space to address the region’s pressing development needs.
Read the Report
Fraudulent Scam Emails Using the Name of the IMF
We would like to bring to the notice of the general public that several variants of financial scam letters purporting to be sanctioned by the International Monetary Fund (IMF) or authored by high ranking IMF officials are currently in circulation, and may appear on official letterhead containing the IMF logo. The scam letters instruct potential victims to contact the IMF for issuance of a “Certificate of International Capital Transfer” or other forms of approval, to enable them receives large sums of monies as beneficiaries. The contact e-mail information is always BOGUS and unsuspecting individuals are then requested to send their personal banking details which the scammers utilize for their fraudulent activities.For more information please see Fraudulent Scam Emails Using the Name of the IMF
Departmental Papers on Africa
The Departmental African Paper Series covers research on sub-Saharan Africa conducted by International Monetary Fund (IMF) staff, particularly on issues of broad regional or cross-country interest. The views expressed in these papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF Management.