Zambia’s Finance Permanent Secretary, Mukuli Chikuba, has confirmed that talks between the Southern African country and the International Monetary Fund (IMF) over an aid program in October are set to resume.
Chikuba further expressed hope that the aid program receives board approval before the end of 2017.
“The engagement with the fund is pretty advanced. We have addressed most of the structural issues and agreed to them,” Chikuba said during the launch of a mid-year economic report.
“The work that is remaining with the IMF includes spending plans for the rest of 2017. We will resume engagement with the fund in October and hope to get board approval by December.”