IMF reaches staff-level deal with Zambia on new Extended Credit Facility
The IMF said it reached a staff-level agreement with Zambia on a new Extended Credit Facility arrangement, proposing access of 1,076 million Special Drawing Rights to support macroeconomic stability and debt-related efforts.
The International Monetary Fund said on Friday it has reached a staff-level agreement with Zambia on a new Extended Credit Facility arrangement. The proposed arrangement would provide access to 1,076 million Special Drawing Rights and is intended to support Zambia's efforts to safeguard macroeconomic stability and debt sustainability.