Skip to content
Subscriber Only

Zambia Will Only Take IMF Bailout If Terms Agreeable, Lungu Says

  • Government had said aid program was inevitable by year-end
  • Growth in economy seen accelerating to 3.7% this year

Zambian President Edgar Lungu said Africa’s second-largest copper producer will only access International Monetary Fund support if the lender’s conditions are acceptable.

“If we find that there are conditionalities which we find acceptable, we will work with them,” he told reporters Friday in Lusaka, the capital. “If not, we will throw them out.”