Zambia to hold talks with IMF on programme from next month
By Reuters Staff 2 Min Read The logo of the International Monetary Fund (IMF), is seen during a news conference in Santiago, Chile, July 23, 2019. REUTERS/Rodrigo Garrido JOHANNESBURG (Reuters) - Debt-laden Zambia will hold discussions with the International Monetary Fund (IMF) from Feb. 11 to March 3 on a formal relief programme, the Finance Ministry said on Friday. Zambia had requested IMF support after becoming Africa’s first pandemic-era sovereign defaulter last year when it failed to make a payment on one of its bonds. The ministry said the engagement with the fund would be under an Ex...
Source: reuters.com