IMF Clears Final Zambia Funding Tranche

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The IMF board approved the sixth and final review of Zambia’s lending program, unlocking a $190 million disbursement. The decision completed reviews under the extended credit facility agreed in 2022 and later expanded to $1.7 billion. The IMF cited progress on debt restructuring, fiscal consolidation, and social spending. Zambia chose to let the program expire without seeking an extension ahead of elections later in the year.