April 18, 2017 / 5:12 PM / 3 months ago

Zambia expects to agree possible $1.2 bln IMF programme this month

1 Min Read

LUSAKA, April 18 (Reuters) - Zambia, hard hit by depressed copper prices amid rising political tensions, is on the verge of agreeing to a programme with the International Monetary Fund (IMF) that could be worth $1.2 billion, the presidency said on Tuesday.

"All the key elements of the programme are expected to be agreed by the end of this month. The first proposal by the IMF was $1.2 billion but this may change," presidential spokesman Amos Chanda told journalists. (Reporting by Chris Mfula; writing by Ed Stoddard; editing by Andrew Roche)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below