Zambia/IMF. IMF loan ‘important’ to its finances: Zambian finance minister (Al Jazeera)

Zambia's new finance minister (pictured) says rising copper prices will help bring in foreign exchange [File: Joshua Roberts/Bloomberg via Getty Images]

Zambia’s new finance minister (pictured) says rising copper prices will help bring in foreign exchange [File: Joshua Roberts/Bloomberg via Getty Images]

Zambia’s new Finance Minister, Situmbeko Musokotwane, has said in an interview that it was critical to agree to a lending programme with the International Monetary Fund (IMF) because it would give creditors confidence and the government cheaper and longer financing.

Musokotwane, appointed on Friday by recently elected President Hakainde Hichilema, faces the daunting task of trying to pull the southern African country out of a protracted debt crisis and has pledged to prioritise talks with the IMF.

IMF loan ‘important’ to its finances: Zambian finance minister | Business and Economy News | Al Jazeera

Marco Emanuele
Marco Emanuele è appassionato di cultura della complessità, cultura della tecnologia e relazioni internazionali. Approfondisce il pensiero di Hannah Arendt, Edgar Morin, Raimon Panikkar. Marco ha insegnato Evoluzione della Democrazia e Totalitarismi, è l’editor di The Global Eye e scrive per The Science of Where Magazine. Marco Emanuele is passionate about complexity culture, technology culture and international relations. He delves into the thought of Hannah Arendt, Edgar Morin, Raimon Panikkar. He has taught Evolution of Democracy and Totalitarianisms. Marco is editor of The Global Eye and writes for The Science of Where Magazine.

Latest articles

Related articles