Zambia: 'IMF Conditions Are Bearable'

FORMER Finance Minister Situmbeko Musokotwane has welcomed the decision by the Government to seek the support of the International Monetary Fund (IMF) and that the fund's conditions are bearable.

Dr Musokotwane, who was a minister in the Rupiah Banda-Cabinet, noted that the current country's economic situation has left government with no option but to borrow from the global organisation to restore sanity in the financial market.

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