Lusaka, Zambia: headquarters of the Bank of Zambia, the central bank, issues the Zambian kwacha - the skywalks connect the BoZ to the next office building, Kenneth Kaunda House - Cairo Road, Central Business District
Lusaka, Zambia: headquarters of the Bank of Zambia, the central bank, issues the Zambian kwacha – the skywalks connect the BoZ to the next office building, Kenneth Kaunda House – Cairo Road, Central Business District

United Party for National Development (UPND) member Crawford Mukando says he is disappointed that the International Monetary Fund (IMF) which supported the candidature of President Hakainde Hichilema to power is now arm-twisting his administration in a number of things.

This includes the country’s sovereign decisions that will lead to economic freedom such as the proposed de-dollarisation measure.

IMF last week warned Zambia against a proposed de-dollarisation policy measure, citing the potential to undermine inflation control efforts.

The IMF also indicated that Zambia’s economic conditions were not conducive for de-dollarisation, as it lacks low and stable inflation rates.

Daily Nation

One thought on “IMF disappoints UPND member”
  1. Incorrect, the walkway connects the Bank of Zambia Headquarters to the Bank of Zambia Annexe. Next to the Bank of Zambia Hq on the left is the Old Bank of Zambia building now used as the Passport Office !!!

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