IMF buoyant on Zambia’s economy

KABANDA CHULU
Lusaka
INTERNATIONAL Monetary Fund (IMF) Resident Representative Eric Lautier says Zambia’s economy is showing resilience and potential for growth
Mr Lautier, responding to questions on Zambia’s homegrown programme supported by the IMF through a US$1.3 billion Extended Credit Facility (ECF), noted that the economy, in general, has proven more resilient than anticipated, with real gross domestic product (GDP) growth now projected at 4.7 percent in 2024.
“As you know, external factors were making reforms even more difficult in 2023, but the authorities implemented a tighter monetary policy to counteract inflationary pressures,coupled with substantial fiscal measures,” he said..https://enews.daily-mail.co.zm/welcome/home