IMF’S $190M TO BE SPLIT BETWEEN BUDGET SUPPORT AND RESERVES, MUSOKOTWANE SAYS

IMF’S $190M TO BE SPLIT BETWEEN BUDGET SUPPORT AND RESERVES, MUSOKOTWANE SAYS

🔶 IMF’S $190M TO BE SPLIT BETWEEN BUDGET SUPPORT AND RESERVES, MUSOKOTWANE SAY Finance Minister Situmbeko Musokotwane says Zambia’s $190 million IMF disbursement will be divided between budget support and strengthening reserves. Speaking as the government outlined the latest IMF funding arrangement, Musokotwane said the allocation follows the structure agreed under the IMF-supported programme. According […] The post IMF’S $190M TO BE SPLIT BETW…

Zambia : IMF’s $190m to be split between budget support and reserves - Musokotwane

Finance Minister Situmbeko Musokotwane has said Zambia’s latest International Monetary Fund disbursement of $190 million will be split between budget support and the country’s foreign reserves. Musokotwane said the allocation forms part of the government’s ongoing engagement under the IMF-supported programme. He said the funds will be applied in a manner consistent with the objectives […]