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IMF Managing Director Kristalina Georgieva meets with Zambia's Minister of Finance Situmbeko Musokotwane and Governor of the Bank of Zambia Denny Kalyalya at the Ministry of Finance in Lusaka, Zambia January 23, 2023. IMF Photo/Kim Haughton/Handout via REUTERS
LUSAKA - The International Monetary Fund's Managing Director Kristalina Georgieva said during a visit to Zambia on Tuesday that the southern African country was making remarkable progress in pursuing pledged reforms.
Zambia secured an IMF loan programme after it defaulted on its sovereign debt in 2020 during the COVID-19 pandemic.
(Reporting by Chris Mfula Writing by Nellie Peyton and Anait Miridzhanian Editing by Alexander Winning)