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.”