{
  "title": "IMF Staff Concludes Visit to Zambia",
  "publication": "IMF News, February 27, 2025",
  "sourceUrl": "https://www.imf.org/en/news/articles/2025/02/27/pr-2549-zambia-imf-staff-concludes-visit",
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  "summary": "An International Monetary Fund (IMF) staff team, led by Mercedes Vera Martin, visited Zambia during February 19-25, 2025, as part of the Fund’s ongoing engagement with the Zambian authorities and other stakeholders.",
  "publishDate": "2025-02-27",
  "sections": [
    {
      "heading": "Key findings and observations",
      "content": "- “The mission team engaged with the Zambian authorities on recent macroeconomic developments and the economic outlook.”\n- “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”.\n- IMF staff took stock of the authorities’ progress in meeting key commitments under the IMF-supported program."
    },
    {
      "heading": "Program review and next steps",
      "content": "- The authorities’ efforts “will be formally assessed in the context of the fifth review of the Extended Credit Facility arrangement.”\n- The fifth review is expected to be initiated with a mission in early May 2025."
    },
    {
      "heading": "Engagement and acknowledgments",
      "content": "- IMF staff held discussions with:\n  - Finance Minister Musokotwane.\n  - Bank of Zambia Governor Kalyalya.\n  - Their teams, various government agencies, and other key stakeholders.\n- The IMF team expressed gratitude to the Zambian authorities and all stakeholders for their constructive engagement and support during the mission."
    },
    {
      "heading": "Media and contact",
      "content": "- IMF Communications Department — MEDIA RELATIONS.\n- PRESS OFFICER: Kwabena Akuamoah-Boateng.\n- Phone: +1 202 623-7100\n- Email: MEDIA@IMF.org\n- @IMFSpokesperson\n\nIMF — \"IMF Staff Concludes Visit to Zambia\" (February 27, 2025).\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/2025/02/27/pr-2549-zambia-imf-staff-concludes-visit"
    }
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    "Published: February 27, 2025",
    "“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.",
    "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.",
    "IMF staff held discussions with:",
    "The IMF team expressed gratitude to the Zambian authorities and all stakeholders for their constructive engagement and support during the mission.",
    "IMF Communications Department — MEDIA RELATIONS.",
    "PRESS OFFICER: Kwabena Akuamoah-Boateng.",
    "Phone: +1 202 623-7100",
    "Email: MEDIA@IMF.org",
    "@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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