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Zambia Arrives in Bangkok With a New $1.47 Billion IMF Deal in Hand — and Its Last Debt Talks Still Unfinished

IMF staff agreed on a three-year program days before the Annual Meetings. Board approval is expected around December; a restructuring deal with Afreximbank is nearly done, the mission chief said.

Hakainde Hichilema
Hakainde Hichilema, President of Zambia, photographed Feb. 6, 2025. He began a second term on Sept. 1, 2026. (File photo)Cabinet Public Relations Office of the Cabinet Secretariat / Wikimedia Commons (CC BY 4.0)

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