{"id":30246,"date":"2022-09-01T21:45:31","date_gmt":"2022-09-01T21:45:31","guid":{"rendered":"https:\/\/www.africa-press.net\/zambia\/all-news\/sunday-chanda-salutes-president-hh-and-the-upnd-govt-for-successfully-securing-us1-3-billion-imf-bailout-package"},"modified":"2022-09-01T22:06:39","modified_gmt":"2022-09-01T22:06:39","slug":"sunday-chanda-salutes-president-hh-and-the-upnd-govt-for-successfully-securing-us1-3-billion-imf-bailout-package","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/zambia\/all-news\/sunday-chanda-salutes-president-hh-and-the-upnd-govt-for-successfully-securing-us1-3-billion-imf-bailout-package","title":{"rendered":"Sunday Chanda Salutes President HH And The UPND Govt For Successfully Securing Us$1.3 Billion IMF Bailout Package"},"content":{"rendered":"

Africa-Press – Zambia. <\/strong><\/span>HONOURABLE Sunday Chanda has welcomed the US$1.3 billion given to Zambia by the International Monetary Fund (IMF). \u201cThis is a significant milestone in putting Zambia\u2019s economy back on track,\u201d he said.<\/p>\n

The Kanchibiya Law-Maker noted that this has been made possible because the IMF rates Zambia\u2019s commitment to economic reform as strong. \u201cThe sum positive in this development is that IMF will support Zambia\u2019s actions to improve macro economic stability and notably increase social spending,\u201d said Chanda.<\/p>\n

He attributed Zambia\u2019s receipt of the IMF package to HH exceptional leadership. He highlighted the introduction of free education and recruitment of 41,000 health and education workers as notable developments so far under the charge of President Hichilema.<\/p>\n

\u201cMy overall assessment is that this is a very positive development. The new government is on course,\u201d said Chanda.<\/p>\n

During PF reign, Sunday Chanda was known to be a sworn critic of the then opposition leader HH. It goes without saying that Chanda\u2019s eyes have been opened by HH\u2019s unprecedented achievements so far. Well done Bally.<\/p>\n

The long awaited US$ 1.3 billion Extended Credit Facility for Zambia has been concluded successfully. This has been confirmed by the IMF in a statement.<\/p>\n

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

Africa-Press – Zambia. HONOURABLE Sunday Chanda has welcomed the US$1.3 billion given to Zambia by the International Monetary Fund (IMF). \u201cThis is a significant milestone in putting Zambia\u2019s economy back on track,\u201d he said. The Kanchibiya Law-Maker noted that this has been made possible because the IMF rates Zambia\u2019s commitment to economic reform as strong. […]<\/p>\n","protected":false},"author":84,"featured_media":30245,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,7,8,12,16],"tags":[234,235,233],"class_list":["post-30246","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-head-lines","category-homepage-english","category-policy","category-twitter","tag-africa-press","tag-africa-press-zambia","tag-zambia"],"yoast_head":"\nSunday Chanda Salutes President HH And The UPND Govt For Successfully Securing Us$1.3 Billion IMF Bailout Package - Zambia<\/title>\n<meta name=\"description\" content=\"HONOURABLE Sunday Chanda has welcomed the US$1.3 billion given to Zambia by the International Monetary Fund (IMF). \u201cThis ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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