IMF ‘hopeful’ Zambia to reveal financialobligation offer with lenders before Thursday

IMF ‘hopeful’ Zambia to reveal financialobligation offer with lenders before Thursday

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IMF 'hopeful' Zambia to announce debt deal with creditors before Thursday © Reuters. IMF African Department Director Abebe Aemro Selassie speaks throughout an interview with Reuters at the yearly conference of the International Monetary Fund and the World Bank, in Marrakech, Morocco October 9,2023 REUTERS/Susana Vera

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By Rachel Savage and Jorgelina do Rosario

MARRAKECH (Reuters) – The International Monetary Fund’s (IMF) Africa director stated on Monday that he was “hopeful” that Zambia and its authorities lenders would reveal a settled financialobligation restructuring offer before Thursday.

“We’re really confident that the authorities and the lenders will be in a position to make an statement extremely, really quickly,” Abebe Selassie informed Reuters in an interview on the sidelines of the IMF and World Bank yearly conferences in Marrakech.

“They’ve informed us that there’s

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