{
  "title": "IMF Staff Update on Discussions with the Zambian Authorities on a New Extended Credit Facility",
  "publication": "IMF News, May 10, 2021",
  "sourceUrl": "https://www.imf.org/en/news/articles/2021/05/10/pr21126-zambia-imf-staff-update-on-discussions-with-the-authorities-on-a-new-ecf",
  "canonical": "https://www.imf.org/en/news/articles/2021/05/10/pr21126-zambia-imf-staff-update-on-discussions-with-the-authorities-on-a-new-ecf",
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  "summary": "The IMF mission continued discussions with the authorities during April-May on their request for an Extended Credit Facility (ECF).",
  "publishDate": "2021-05-10",
  "sections": [
    {
      "heading": "Key developments from the April–May discussions",
      "content": "- The IMF mission continued discussions with the authorities during April-May on their request for an Extended Credit Facility (ECF).\n- Building on earlier discussions in February-March, there was broad agreement on the macroeconomic framework.\n- Notable progress was made in detailing the key policy measures to address the macroeconomic imbalances currently facing Zambia.\n- The policy measures aim to enable a return to sustained growth with enhanced fiscal space for social and development spending.\n- The Zambian authorities reaffirmed their continued commitment to reforms.\n- The IMF looks forward to continuing ECF discussions as key measures are taken."
    },
    {
      "heading": "Tone and engagement",
      "content": "- Staff express their gratitude to the Zambian authorities for the constructive, determined, and frank engagement."
    },
    {
      "heading": "Practical contact details (as provided)",
      "content": "- Press Release No.: 21/126\n- Date: May 10, 2021\n- IMF Communications Department — MEDIA RELATIONS\n- Press officer: Lucie Mboto Fouda\n- Phone: +1 202 623-7100\n- Email: MEDIA@IMF.org\n- Twitter: @IMFSpokesperson\n\nIMF Staff Update on Discussions with the Zambian Authorities on a New Extended Credit Facility, Press Release No. 21/126, May 10, 2021.\n\n---\n\n\n References\n\n- Zambia and the IMF\n- Press Releases\n- PRESS CENTER\n- https://www.imf.org/en/home\n\nSource: https://www.imf.org/en/news/articles/2021/05/10/pr21126-zambia-imf-staff-update-on-discussions-with-the-authorities-on-a-new-ecf"
    }
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    "Published: May 10, 2021",
    "The IMF mission continued discussions with the authorities during April-May on their request for an Extended Credit Facility (ECF).",
    "Building on earlier discussions in February-March, there was broad agreement on the macroeconomic framework.",
    "Notable progress was made in detailing the key policy measures to address the macroeconomic imbalances currently facing Zambia.",
    "The policy measures aim to enable a return to sustained growth with enhanced fiscal space for social and development spending.",
    "The Zambian authorities reaffirmed their continued commitment to reforms.",
    "The IMF looks forward to continuing ECF discussions as key measures are taken.",
    "Staff express their gratitude to the Zambian authorities for the constructive, determined, and frank engagement.",
    "Press Release No.: 21/126",
    "Date: May 10, 2021",
    "IMF Communications Department — MEDIA RELATIONS",
    "Press officer: Lucie Mboto Fouda",
    "Phone: +1 202 623-7100",
    "Email: MEDIA@IMF.org",
    "Twitter: @IMFSpokesperson",
    "[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)"
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