IMF Highlights Zambia’s Economic Resilience in 2024
The IMF has reported that Zambia’s economy has shown unexpected resilience in 2024, bolstered by strong performance in both mining and non-mining sectors. This evaluation followed an recent IMF mission to Zambia for discussions with local authorities and stakeholders.
The International Monetary Fund (IMF) has announced that Zambia’s economy has demonstrated greater resilience than initially anticipated for the year 2024. This positive outlook is attributed to stronger performances in both the mining and non-mining sectors. The announcement follows a recent visit by an IMF staff team to Zambia, which took place from February 19 to February 25, 2025.
In summary, the IMF’s assessment reflects a more favorable economic outlook for Zambia, driven by robust sectoral performances. The upcoming fifth review of the Extended Credit Facility arrangement will provide a formal assessment of the government’s progress on key commitments.
Original Source: znbc.co.zm
