By Hannock Kasama
The International Monetary Fund (IMF) has projected Zambia’s economy to grow by 5.2 percent in 2025, a figure higher than the 4.1 percent average growth anticipated for most African countries.
IMF Resident Representative Eric Lautier explained that Zambia’s growth was initially projected at 5.8 percent, but later revised downward due to the energy crisis, which has negatively affected production sectors.
Speaking in Lusaka during the presentation of the IMF’s Economic Outlook for African Countries, Mr. Lautier emphasized that despite the challenges, Zambia’s growth outlook remains strong compared to regional peers.
He further revealed that Zambia has reached 94 percent of external debt restructuring, a milestone expected to significantly reduce the country’s debt burden and support long-term economic stability.
