Zambia concludes IMF program after final review approval


LUSAKA, Jan. 28 (Xinhua) -- The Zambian government on Wednesday welcomed the conclusion of the International Monetary Fund (IMF)-supported Extended Credit Facility program, saying it underscores the country's sustained commitment to economic reforms.

The development follows the approval of the sixth and final review of the 38-month program by the IMF Executive Board, which will see the immediate disbursement of 190 million U.S. dollars, bringing total disbursements under the program to 1.7 billion dollars.

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