EFF Warns Against New IMF Program

Published: 12 Jan, 2026 16:50 Sources: S1 S2 Category: Politics Language: English Country: Zambia

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The Economic Freedom Fighters (EFF) accused the Hakainde Hichilema administration of quietly moving toward a new IMF loan program without public consultation. Party leader Kasonde Mwenda warned that replacing the current IMF facility could deepen debt, intensify austerity, and undermine economic sovereignty. He criticized recent policy choices, including changes to mineral taxation, and urged Zambians to reject continued IMF dependence ahead of the 2026 elections.