{"id":17893,"date":"2022-03-09T20:35:17","date_gmt":"2022-03-09T20:35:17","guid":{"rendered":"https:\/\/www.africa-press.net\/zambia\/all-news\/banking-on-an-imf-bail-out-is-the-disaster-of-the-upnd-dr-grieve-chelwa"},"modified":"2022-03-09T20:50:28","modified_gmt":"2022-03-09T20:50:28","slug":"banking-on-an-imf-bail-out-is-the-disaster-of-the-upnd-dr-grieve-chelwa","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/zambia\/all-news\/banking-on-an-imf-bail-out-is-the-disaster-of-the-upnd-dr-grieve-chelwa","title":{"rendered":"Banking On An IMF Bail-out Is The Disaster Of The UPND- Dr. Grieve Chelwa"},"content":{"rendered":"

Africa-Press – Zambia. <\/strong><\/span>This is quite the indictment from the former Archbishop of Lusaka. But again not surprising if one has been closely and objectively following the evolution of events over the last 6months.<\/p>\n

For example, on the economy front, which is an area of interest of mine, there\u2019s hasn\u2019t been much to write home about. We\u2019ve betted our country\u2019s future on an IMF bailout plan likely to be approved this June, a full ten months from the August 2021 elections.<\/p>\n

And events across the globe have moved quite dramatically in such a way that by the time June comes around, the entire IMF-dependent plan may wholly be inadequate or even irrelevant for our purposes.<\/p>\n

This again is illustrative of the point which many of us have made that policies need to be homegrown with 100% local agency such that we, on our own, can change course whenever domestic and international events change in a dramatic way.<\/p>\n

Right now, there\u2019s little we can do without the approval of our masters in Washington even though common sense says we re-evaluate whatever plans we might have had given the war raging in Europe which is going to have grave consequences for the future course of energy and food prices both here and abroad. It\u2019s sad how we\u2019ve chosen to needlessly hamstring ourselves in this way.<\/p>\n

For More News And Analysis About Zambia<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Zambia. This is quite the indictment from the former Archbishop of Lusaka. But again not surprising if one has been closely and objectively following the evolution of events over the last 6months. For example, on the economy front, which is an area of interest of mine, there\u2019s hasn\u2019t been much to write home […]<\/p>\n","protected":false},"author":84,"featured_media":17892,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8,16],"tags":[234,235,233],"class_list":["post-17893","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","category-twitter","tag-africa-press","tag-africa-press-zambia","tag-zambia"],"yoast_head":"\nBanking On An IMF Bail-out Is The Disaster Of The UPND- Dr. Grieve Chelwa - Zambia<\/title>\n<meta name=\"description\" content=\"This is quite the indictment from the former Archbishop of Lusaka. 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