Investors Bet Vote Dispute Won’t Derail Zambia’s IMF Bailout

  • Groundwork for aid laid by re-elected Lungu: Standard Bank
  • Zambia agrees to cut fuel subsidies, reduce budget deficit

Investors are betting disputed elections in Zambia won’t derail the government’s plans to secure an International Monetary Fund bailout that could exceed $1.2 billion and is needed to top up foreign reserves.

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