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IMF team expected next week

By BUUMBA CHIMBULU

ZAMBIA will be hosting a technical International Monetary Fund (IMF) staff visit from September 27 to October 1, this year.

Discussions will centre on understanding key policies and specific reform measures prioritised by the new UPND government.

This follows Cabinet’s approval of the Budget Policy Concept Paper on the 2022-2024 Medium Term Expenditure Framework and the 2022 National Budget framework, on Friday September 17, 2021.

According to a statement from Ministry of Finance, the IMF staff will work with officials at the ministry to understand key policies and specific reform measures prioritised by the new dawn administration

“During the staff visit, the IMF team will also receive an update on the most recent economic developments and the prospects for the remainder of the year.

“The ministry will also share key principles and priorities that will inform 2022 budget preparations,” the statement said.

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