WILL THE IMF FREEZE JOBS IN ZAMBIA?

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Well after a number of speculations on Social Media and some stakeholders skyrocketing  unverified

information.....

The Fog has been cleared on understanding of the International Monetary Fund (IMF)program.


Key points  picked after a Zambia-IMF Advocacy and Communication program media engagement in Chilanga District of Lusaka Province at Sandy's creation Resort from Ministry of Finance and National Planning Permanent Secretary are that;

*The IMF program does not Freeze Jobs in Zambia.

*The IMF program does not Freeze Salaries in Zambia.

*Subsidies in Agriculture will be there, Agriculture is the biggest employer in Zambia.

*The subsidies that government is reforming are the ones on Fuel.

With these pints among others, FACT Checks has been done and dusted.

This is on the back of a  $1.3 billion 3 year Extended Credit facility program  approved to Zambia by IMF.



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