IMF Staff Reaches Staff-Level Agreement on an Extended Credit Facility Arrangement with Zambia

End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement are those of the IMF staff and do not necessarily represent the views of the IMF’s Executive Board. Based on the preliminary findings of this mission, staff will prepare a report that, subject to management approval, will be presented to the IMF’s Executive Board for discussion and decision.

  • The IMF team reached a staff-level agreement with the Zambian authorities on a new arrangement under the Extended Credit Facility (ECF) for 2022-2025 to help restore macroeconomic stability and provide the foundation for an inclusive economic recovery.

Washington, DC: An International Monetary Fund (IMF) team led by Allison Holland, Mission Chief for Zambia, conducted a virtual mission with the Zambian authorities during November 4 – Dec 2, 2021, to discuss a program to be supported by the IMF’s Extended Credit Facility (ECF) arrangement. At the end of the mission, Ms. Holland issued the following statement:

Public Release. More on this here.