IMF Statement on Zambia

IMF News, August 24, 2020

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IMF Statement on Zambia

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Bibliographic details

• Published: August 24, 2020

Context and implications

• The statement responds to a media inquiry regarding a change in leadership at the Bank of Zambia that occurred before the end of the previous Governor’s mandate.
• Emphasis placed on:
  • The importance of central bank operational independence and credibility.
  • The role of credible institutions and sound policies in enabling sustained economic growth and improvements in living standards.
  • Heightened risks to economic stability due to the COVID-19 pandemic.

IMF — IMF Statement on Zambia, Press Release No. 20/285, August 24, 2020.

References

• IMF COVID-19 Hub
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