Zambia Invites IMF for Talks as Kwacha Extends Record RoutBy and
Currency has lost more than half its value this year
IMF team heading to Lusaka to discuss economic challenges
A team from the International Monetary Fund will arrive in Zambia on Wednesday to discuss “challenges” facing the southern African nation, buffeted by the kwacha’s record slump as a drought, electricity shortage and falling copper revenue weigh on government finances.
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