💼 IMF Commends Zambia’s Reform Progress Under Extended Credit Facility Programme The International Monetary Fund (IMF) has commended Zambia for maintaining strong reform momentum and demonstrating resilience amid global and domestic challenges. The IMF noted measurable improvements in inflation, investor confidence, and private sector credit growth. The commendation follows the conclusion of the IMF Mission to Lusaka for the Sixth Review under the Extended Credit Facility (ECF) Programme, held from October 22 to November 4, 2025. Discussions are expected to continue virtually in the coming weeks. The Zambian Government has reaffirmed its commitment to macroeconomic stability, fiscal consolidation, and inclusive growth. Finance and National Planning Minister Dr. Situmbeko Musokotwane stated that Zambia’s steady progress under the ECF arrangement reflects the success of ongoing reforms aimed at stabilizing the economy and improving citizens’ livelihoods. Dr. Musokotwane highlighted key indicators of resilience, including easing inflationary pressures, sustained investor demand for government securities, and increased private sector credit to sectors such as agriculture, manufacturing, and energy. He emphasized that economic stability—anchored by low inflation, a stable exchange rate, and prudent fiscal management—is essential for job creation, business confidence, and social progress. On private sector development, Dr. Musokotwane said the Government continues to remove barriers to investment and promote competition in productive sectors to stimulate diversification and employment. He cited the open-access framework for the Tazama Pipeline as a reform aimed at enhancing transparency, efficiency, and energy diversification. He also stressed that resolving the current energy deficit remains a national priority, as it is vital to sustaining production, supporting industrial growth, and boosting Zambia’s competitiveness. Zambia remains committed to open and constructive engagement with the IMF as discussions on the Sixth Review continue. The country’s ECF arrangement, approved in August 2022 for $1.3 billion, was augmented in July 2024 with an additional $385.7 million, bringing total access to $1.7 billion. The facility supports the implementation of the Eighth National Development Plan, which focuses on strengthening economic governance, achieving debt and fiscal sustainability, and promoting inclusive growth across all regions. This is according to a statement issued to ZNBC News by the Office of the Secretary to the Treasury. #ZambiaEconomy #IMFReview #ECFProgramme #EconomicReforms #InclusiveGrowth #FiscalStability #EnergySecurity #InvestmentZambia #ZambiaNews

IMF Approves $370M Disbursement for Ghana Under Economic Reform Plan The IMF Executive Board has approved a $370 million disbursement to Ghana following the country’s successful Fourth Review under the Extended Credit Facility (ECF) Programme. Finance Minister Dr. Cassiel Ato Forson stated the move affirms international confidence in Ghana’s ongoing fiscal discipline and structural reforms. This fifth tranche of funding supports Ghana’s economic recovery, providing vital budgetary aid while sustaining key reforms aimed at debt sustainability and macroeconomic stability. The approval is seen as a major milestone in restoring investor trust and long-term economic resilience. #GhanaEconomy #IMFApproval #ECFProgramme #FiscalDiscipline #EconomicRecovery #AtoForson #DebtSustainability #GhanaFinance #InvestorConfidence #StructuralReforms

Del 26 de enero al 1 de febrero, Valencia ha sido la sede de @ECFprogramme, un Blended Intensive Project (BIP) del programa @EUErasmusPlus de la @EU_Commission que reúne a 57 estudiantes y 14 profesores de distintas universidades europeas en un entorno de aprendizaje. #adeupv

These are just a handful of the words that our ECF Programme participants used to describe our live training sessions last term. 💡✨ #ECFProgramme #MentorshipMatters #EngagingSessionst #CollaborativeLearning #SupportiveEnvironment

Have new ECTs joined your school in January? Make sure they're registered for ECF and AB!⁠ tshub@lawrencesheriffschool.com⁠ ab@lawrencesheriffschool.com⁠ ⁠ #EarlyCareerTeachers #ECT #Induction #InductionTutor #ECFProgramme

Do you have ECTs joining your school in January? Make sure they're registered for ECF and AB! tshub@lawrencesheriffschool.com ab@lawrencesheriffschool.com #EarlyCareerTeachers #ECT #Induction #InductionTutor #ECFProgramme

Recruited an #ECT for January 25? Make sure you've registered for our @Ambition_inst #ECF programme. Talk to us about our dedicated ECF support on 0116 3033744 #ECT #ECFProgramme #Mentor #GoldenThread

Congratulations to our ECTs for reaching the halfway point of their first term! 🎉 We know balancing workload and well-being is key, which is why our #ECFProgramme puts well-being front and center. Keep going—you've got this! 💪 #EarlyCareerTeachers #TeacherSupport #Wellbeing

Remember, remember… it’s not too late to join our #ECFProgramme! 🌟 We offer world-class, school-led training to support you every step of the way. Get in touch today - ECF@harrisinstitute.org.uk📚 #EarlyCareerTeachers #TeacherDevelopment

Great to meet our @MTU_ie BIS Graduates who also completed our @ECFprogramme this year #Succeedingtogether 👏👏👏

Recruited an #ECT for Sept 24? Make sure you've registered for our @Ambition_inst #ECF programme. Talk to us about our dedicated ECF support on 0116 3033744 #ECT #ECFProgramme #Mentor #GoldenThread

Recruited an #ECT for Sept 24? Make sure you've registered for our @Ambition_inst #ECF programme. Talk to us about our dedicated ECF support on 0116 3033744 #ECT #ECFProgramme #Mentor #GoldenThread

Recruited an #ECT for Sept 24? Make sure you've registered for our @Ambition_inst #ECF programme. Talk to us about our dedicated ECF support on 0116 3033744 #ECT #ECFProgramme #Mentor #GoldenThread

Have you recruited an #ECT for the start of September? Make sure you've registered for our @Ambition_inst #ECF programme. Talk to us about our dedicated ECF support on 0116 3033744 #ECT #ECFProgramme #Mentor #GoldenThread

It is always a pleasure reading about how our ECF Programme has such a positive impact on our ECTs. Here is one of many wonderful quotes we've received from our Year 1s as they reach the end of their first year. #ect #earlycareerteacher #ecfprovider #ecfprogramme #lovetoteach

It is always a pleasure reading about how our ECF Programme has such a positive impact on our ECTs. Here is one of many wonderful quotes we've received from our Year 1s as they reach the end of their first year. #ect #earlycareerteacher #ecfprovider #ecfprogramme #lovetoteach

It is always a pleasure reading about how our ECF Programme has had such a positive impact on our ECTs and their careers, especially when they reach the end of their induction period. #ecfprogramme #ecfinduction #lovetoteach #passionateaboutteaching @teddingtonschl

It is always a pleasure reading about how our ECF Programme has such a positive impact on our ECTs. Here is one of many wonderful quotes we've received from our Year 1s as they reach the end of their first year. #ect #earlycareerteacher #ecfprovider #ecfprogramme #lovetoteach

Have you recruited an #ECT for an Easter start? Make sure you've registered for our @Ambition_inst #ECF programme. Talk to us about our dedicated ECF support on 0116 3033744 #ECT #ECFProgramme #Mentor #GoldenThread

Recruited an #ECT for Easter? Make sure you've registered for our @Ambition_inst #ECF programme. Talk to us about our dedicated ECF support on 0116 3033744 #ECT #ECFProgramme #Mentor #GoldenThread