IMF Staff Concludes Visit to Zambia

November 12, 2018

End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement are those of the IMF staff and do not necessarily represent the views of the IMF’s Executive Board. This mission will not result in a Board discussion.
  • These technical discussions are a key input in the preparations for the next Article IV consultation mission tentatively scheduled for early 2019.

An International Monetary Fund (IMF) staff team led by Dhaneshwar Ghura visited Lusaka during November 5–9, 2018 to discuss recent economic developments and prospects.

At the conclusion of the visit, Mr. Ghura issued the following statement:

“The mission discussed recent economic developments and economic prospects with the Zambian authorities. Discussions also covered the main elements of the draft 2019 budget being currently debated in Parliament and the authorities’ policies and strategies for restoring fiscal and debt sustainability while maintaining growth.

“These technical discussions are a key input in the preparations for the next Article IV consultation mission tentatively scheduled for early 2019.

“The IMF staff met with Minister of Finance Margaret Mwanakatwe, Bank of Zambia Governor Denny Kalyalya, other senior government and BoZ officials; members of Parliament; and representatives of the private sector, civil society organizations, and Zambia’s development partners.

“The staff wishes to express its gratitude to the Zambian authorities and the various stakeholders for the constructive spirit in which all discussions were held.”

IMF Communications Department
MEDIA RELATIONS

PRESS OFFICER: Lucie Mboto Fouda

Phone: +1 202 623-7100Email: MEDIA@IMF.org