💼 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

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

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

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

Media Communications Department students travelled to Utrecht to take part in the EU Creative Futures programme along with Dept. lecturers Emmett Coffey & Frank O’Donovan. Well done to Caroline, Grace, Marlene, Liv, John & Aileen. 👏🏻 @ECFprogramme

Tom just to let you know #spicedbeef beat #tayto as top choice 😀

Looks great fun. Well done all

@MTU_ie students flying the flag for #Irishfood @ECFprogramme @HU_Utrecht with #Irish showcase for #international students and staff @EUErasmusPlus @ErasmusIreland @Bordbia @TasteCork #loveirishfood ☘️🇮🇪

MTU Students and Staff participating on @ECFprogramme @HU_Utrecht #Netherlands this week #creative #entrepreneurship @MTU_Intl @ErasmusIreland @EuErasmusPlus #SucceedingTogether

We are delighted to be joined by our year one ECTs at our ECT Conference 2 in Sittingbourne as we continue to support them on their journey through the ECF programme with @Ambition_Inst #ECFProgramme #ECTConference2 #TeachingJourney #InspiringEducators

Really delighted to participate in our online kick-off session with students and staff for @ECFprogramme 2024 @MTU_ie @LABfinland @HU_Utrecht @UPV @musikkhogskolen @ErasmusIreland @EUErasmusPlus #Creative #Entrepreneurship

Did you know we offer in person conferences across the East Midlands with a range of dates for online clinics. Proud to be @Ambition_inst delivery partner. Book your places now buff.ly/3OH30AW #ECT #ECFProgramme #Mentor #GoldenThread

Did you know we offer in person conferences across the East Midlands with a range of dates for online clinics. Proud to be @Ambition_inst delivery partner. Book your places now buff.ly/3JZM7ia #ECT #ECFProgramme #Mentor #GoldenThread

Our #ECF programme is delivered in partnership with @Ambition_Inst & includes flexible learning across the 2 year programme. Because we know you're busy, we offer in person conferences across the East Midlands and a range of dates for online clinics. #ECT #ECFProgramme #mentor

Thanks to Professor Andreas Sønning @musikkhogskolen for delivering inspiring lectures to our students @mtu_csm and @MTU_Crawford this week @ECFprogramme #Creative #Entrepreneurship @EUErasmusPlus

1/3 📆El jueves pasado organizamos la mesa redonda para contaros el Blended Intensive Programme (BIP) @Erasmus_Project en el que participamos en Enero en Oslo. Se trata del @ECFprogramme . 😀Nos encantó escuchar la gran experiencia que tuvieron todos los participantes. #adeupv

🔝🔝 @mariablazz, una de nuestras alumnas, ha participado en @ECFprogramme este año. ¡Felicidades! Sin duda, habrá sido una experiencia digna de contar. ¡Iremos a escucharte a la mesa redonda! 😀😀 #MUSMCC #socialmedia #comunicaciondigital