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Zambia: Former Ruling Party Rejects IMF Allegation of Corruption Under Lungu
VOA, 12 January 2023
Zambia's former ruling Patriotic Front party has rejected a report by the International Monetary Fund saying corruption flourished under its government. Read more »
Zambia: Lungu's Party Defends Him as IMF Says He 'Bent Rules'
After an International Monetary Fund mission - at the request of Zambian authorities - focused on governance weaknesses and corruption vulnerabilities, the IMF found that corruption flourished under the leadership of former president Edgar Lungu.
While the former ruling party Patriotic Front were quick to come to Lungu's defence, the country's current leader President Hakainde Hichilema pledged to tackle corruption in order to secure $1.3 billion in IMF debt support after Zambia defaulted to creditors.
Documents
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10 January 2023
Zambia: Technical Assistance Report-Diagnostic Report on Governance and Corruption
- Publisher:
- International Monetary Fund
- Publication Date:
At the request of the authorities of Zambia, an interdepartmental (LEG/FAD/MCM/FIN) Governance Diagnostic Assessment (GDA) mission was conducted ... see more »
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Africa: Ghana and Zambia Race to Secure IMF Bailouts
DW, 21 October 2022
Runaway inflation and soaring food prices have compelled Ghana and Zambia to seek bailouts from the International Monetary Fund. This week, traders across Ghana closed shop to… Read more »
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Zambia: IMF Deal Eluded Ruling Party Administration
Times of Zambia, 8 December 2021
The question of whether to engage International Monetary Fund (IMF) for funded programme or not has been outstanding for some time now. Read more »
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Zambia: IMF Has Changed - Hichilema
Times of Zambia, 1 February 2022
President Hakainde Hichilema, who is seeking to ratify a $1.4 billion bailout package from the International Monetary Fund (IMF), says controversy about borrowing from multilateral… Read more »
