WASHINGTON, May 11 (Reuters) - The staff of the
International Monetary Fund have updated their macroeconomic
and debt sustainability views on Zambia, the fund said on
Thursday without providing further details.
"As what happens with almost all review missions, staff did
update the macro framework and the debt sustainability analysis,
including to consider new information from (International
Financial Institutions) and IFI financing for Zambia,” said IMF
spokeswoman Julie Kozack in a scheduled press conference.
"The details and the impact of those updates will be
reflected in the staff report that will be published once the
board considers the request for completion of the first review."
The southern African nation, a major sovereign casualty of
the COVID-19 pandemic economic collapse, has been in default
since 2020. It secured IMF funding last August.
(Reporting by Rodrigo Campos and David Lawder)
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