IMF Warns Zambia Against Dedollarization, Calls Plan Counterproductive

IMF Warns Zambia Against Dedollarization, Calls Plan Counterproductive

An International Monetary Fund representative has cautioned that Zambia’s proposed dedollarization initiative may inadvertently undermine efforts to contain inflation. The representative expressed concern that the prevailing economic conditions in Zambia are not conducive for the country to proceed with the de-dollarization proposals. Zambia Not Ideally Placed to Dedollarize The International Monetary Fund (IMF)’s Zambian representative, […]