Home Zambia News Kristalina Georgieva, managing director of IMF, Anticipated to arrive tomorrow

Kristalina Georgieva, managing director of IMF, Anticipated to arrive tomorrow

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The managing director of the International Monetary Fund, Kristalina Georgieva, is scheduled to arrive in the country tomorrow, according to Situmbeko Musokotwane, the minister of finance and national planning.

He stated that Ms. Georgieva will be in the nation from January 22 to January 24 of this year.

Ms. Georgieva’s visit, according to Dr. Musokotwane, would center on information sharing regarding the development of Zambia’s IMF.

In order to create a more resilient and inclusive future for all citizens in all regions of the country, the IMF could support the country’s economic transformation agenda. It could also support the supported extended credit facility, the debt restructuring procedure under the IMF/G-20 Common Framework, and other initiatives.

Ms. Georgieva would meet President Hakainde Hichilema during the tour, he claimed.

“The Governor of the Bank of Zambia and I  will also have consultative meetings with Ms Georgieva and her delegation,” he said.

Dr. Musokotwane stated that the IMF managing director will also involve other parties in order to gain their perspectives on Zambia’s current economic transformation agenda and the reforms that the government is implementing to achieve macroeconomic stability, promote inclusive growth, create job opportunities for citizens, and ensure that social sector needs are funded. These parties will include representatives of the private sector, academia, students, civil society organizations, and the media.

He claimed that Ms. Georgieva is a very well-known international figure and that her visit to Zambia is significant for the nation and ought to be welcomed by all.

“I take this opportunity to thank President Hichilema for giving me an opportunity to represent him at the World Economic Forum in Davos, Switzerland, which ran from Monday 20th January, 2023, and ended last night. My delegation and I leave Davos for home with a sence of satisfaction due to the quality of engagements we have had at the event and the encouraging responses that we obtained from prospective private sector investors especially in renewable energy and mining sectors. Once actualised, we are optimistic that jobs and growth will be boosted,” he said.