IMF Staff Concludes Visit to Zambia
IMF News, February 27, 2025
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- IMF Staff Concludes Visit to Zambia
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- Published: February 27, 2025
Key findings and observations
- “The mission team engaged with the Zambian authorities on recent macroeconomic developments and the economic outlook.”
- “Encouragingly, the Zambian economy has shown greater resilience than previously anticipated in 2024, supported by stronger-than-projected performance in both the mining and non-mining sectors”.
- IMF staff took stock of the authorities’ progress in meeting key commitments under the IMF-supported program.
Program review and next steps
- The authorities’ efforts “will be formally assessed in the context of the fifth review of the Extended Credit Facility arrangement.”
- The fifth review is expected to be initiated with a mission in early May 2025.
Engagement and acknowledgments
- IMF staff held discussions with:
- Finance Minister Musokotwane.
- Bank of Zambia Governor Kalyalya.
- Their teams, various government agencies, and other key stakeholders.
- The IMF team expressed gratitude to the Zambian authorities and all stakeholders for their constructive engagement and support during the mission.
Media and contact
- IMF Communications Department — MEDIA RELATIONS.
- PRESS OFFICER: Kwabena Akuamoah-Boateng.
- Phone: +1 202 623-7100
- Email: MEDIA@IMF.org
- @IMFSpokesperson
IMF — "IMF Staff Concludes Visit to Zambia" (February 27, 2025).