Economics

Zambia Is Finalizing Timing of Reforms Ahead of IMF Deal

  • IMF economic program is crucial to planned debt restructuring
  • Zambia became Africa’s first pandemic-era sovereign defaulter
Photographer: Andrew Harrer/Bloomberg
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Zambia is working on a timeline for the reform agenda it’s agreed with the International Monetary Fund, as the government of Africa’s first pandemic-era sovereign defaulter seeks to reach a deal on an economic program, the Finance Ministry said.