World Bank finalising provision of $959m – Musokotwane
Published On June 29, 2022 » 1234 Views» By Times Reporter » Latest News
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. Musokotwane

By KASONDE KASONDE-
FINANCE Minister Situmbeko Musokotwane says the World Bank is finalising the provision of approximately US$959 million by end of June 2022, to support Zambia’s recovery from the multiple debt and economic crises and help to institute reforms for inclusive growth and poverty reduction.
He said the amount which was in line with the Debt Sustainability Analysis (DSA) would also include U$$294 million for scaling up the Social Cash Transfer and the fight against the Coronavirus (COVID-19) through vaccination and emergency health financing to improve service delivery.
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