Govt’s push for more IMF funds gets backing
Published On October 28, 2024 » 1274 Views» By Times Reporter » Business, Stories
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By KENNEDY MUPESENI –
SOUTHERN Africa Institute of Policy and Research (SAIPAR) Senior Researcher Caesar Cheelo has backed Government’s push for additional funds from the International Monetary Fund (IMF) under its Resilience and Sustainability Trust (RST).
Mr Cheelo said in an interview at the weekend that the RST loan combined with a debt-for-nature swap could drive Zambia toward a more resilient, sustainable, and growth-oriented economy.
“This fund will aim to specifically address things like the country’s immediate fiscal needs and constraints, support climate resilience interventions and establish a practical framework for long-term environmental stewardship or governance, a key issue in the globally popular Environmental Sustainable Governance (ESG) framework,” he observed.

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