IMF Forecasts 5.2% Growth for Zambia in 2025

Zambia’s Economy to Grow 5.2% in 2025, Outpacing African Average, Says IMF

The International Monetary Fund (IMF) has projected Zambia’s economy to grow by 5.2% in 2025, well above the 4.1% average expected for most African countries. The robust outlook is attributed to easing inflation, improved liquidity, strong investor confidence, sustained governance and fiscal reforms, and increased private sector participation.

IMF Resident Representative Eric Lautier noted that Zambia’s growth was initially projected at 5.8% but was revised downward due to challenges in the energy sector affecting production capacity.

Speaking during the presentation of the IMF’s Economic Outlook for African Countries on Thursday, Lautier emphasized that despite these headwinds, Zambia’s growth trajectory remains strong relative to its regional peers.

He also confirmed that Zambia has completed 94% of its external debt restructuring, a key milestone expected to significantly reduce the nation’s debt burden and strengthen long-term economic stability.

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