News Zambia » Lusaka » Finance: Zambia aims to lift economic growth to 7% over next three years
LUSAKA, Sept 28 (Reuters) - Zambia aims to lift economic growth to an average of 7% over the next three years, building on progress in restructuring its external debt, its finance ministry said. • The ...
News Zambia » Lusaka » Finance: Zambia secures IMF staff-level backing for new $1.5 billion programme
LUSAKA, Oct 9 (Reuters) - The International Monetary Fund (IMF) said on Friday it had reached a staff-level agreement with Zambia on a new Extended Credit Facility worth about $1.5 billion. An IMF ...
News Zambia » Lusaka » Finance: Zambia's finance minister says tax reforms needed to cut debt
LUSAKA, May 3 (Reuters) - Zambia will pay off all outstanding legitimate VAT refunds, but plans to press ahead with a new non-refundable sales tax despite criticism from some businesses as it strives ...
News Zambia » Lusaka » Finance: Zambia cancels US$1.6 billion Chinese loans and halts infrastructure projects in move to avoid debt crisis
Zambia has cancelled US$1.6 billion in agreed upon but not-disbursed Chinese loans, mostly from China Exim Bank and the Industrial Commercial Bank of China, to help manage its debt woes. It is a ...
News Zambia » Lusaka » Finance: IMF mission visits Zambia for talks on new loan programme
LUSAKA, Sept 30 (Reuters) - Zambia said on Friday that an International Monetary Fund mission was visiting for talks on a new support programme, which it hopes will help lift economic growth and ...
News Zambia » Lusaka » Finance: Zambia's 2022 budget deficit seen at 9.8% of GDP -finance minister
Zambia's budget deficit is projected at 9.8% of GDP this year and not more than 7.7% in 2023, finance minister Situmbeko Musokotwane said on Friday, as he presented the southern African nation's 2023 ...
News Zambia » Lusaka » Finance: Zambia's finance minister says new mining taxes will not hit operations
LUSAKA, Oct 17 (Reuters) - Mining companies operating in Zambia will still meet their operational costs even after the government imposes higher taxes in Africa's No.2 copper producer, its finance ...
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