## IMF Statement on Zambia

_IMF News, August 24, 2020_

## Source details

**Canonical URL:** [IMF Statement on Zambia](https://www.imf.org/en/news/articles/2020/08/24/pr20285-zambia-imf-statement-on-zambia)

## Other formats

- [Markdown version](/en/news/articles/2020/08/24/pr20285-zambia-imf-statement-on-zambia/index.md)
- [Structured JSON version](/en/news/articles/2020/08/24/pr20285-zambia-imf-statement-on-zambia/index.json)
- [Bundle manifest](/en/news/articles/2020/08/24/pr20285-zambia-imf-statement-on-zambia/bundle-manifest.json)

## Bibliographic details
- Published: August 24, 2020

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### 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.*

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## References

- [IMF COVID-19 Hub](https://www.imf.org/en/Topics/imf-and-covid19)
- [Policy Tracker](https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19)
- [Financial Assistance](https://www.imf.org/en/Topics/imf-and-covid19/COVID-Lending-Tracker)
- [Questions & Answers](https://www.imf.org/en/About/FAQ/imf-response-to-covid-19)
- [Zambia and the IMF](http://www.imf.org/external/country/ZMB/index.htm)
- [Press Releases](https://www.imf.org/en/news/searchnews)
- [PRESS CENTER](http://presscenter.imf.org/)
- [https://www.imf.org/en/home](https://www.imf.org/en/home)

_Source: https://www.imf.org/en/news/articles/2020/08/24/pr20285-zambia-imf-statement-on-zambia_