IMF Cuts Zambia Growth Outlook

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The IMF lowered Zambia’s GDP growth forecasts to 5.2% in 2025 and 5.6% in 2026. The monetary body cites the ongoing energy crisis that is constraining production. Despite the downgrade, Zambia is still expected to outperform Africa’s average projected growth of 4.1%. The Fund noted that progress in restructuring 94% of the country’s external debt should ease fiscal pressure and support future stability, keeping Zambia’s medium-term economic prospects relatively strong.