Washington D.C., USA – Zambia’s participation in the 2025 Spring Meetings of the International Monetary Fund (IMF) and the World Bank Group has been described as highly successful, with positive feedback on the country’s economic progress at the global level.
Finance and National Planning Minister, Dr. Situmbeko Musokotwane, led the Zambian delegation to the meetings, accompanied by Secretary to the Treasury Felix Nkulukusa, Bank of Zambia Governor Dr. Denny Kalyalya, and Zambia Revenue Authority Commissioner General Dingani Banda.
Zambia also actively participated in the Global Parliamentary Forum (GPF), held on the sidelines of the Spring Meetings. Representing the country were Honourable Sibongile Mwamba, MP for Kasama Central Constituency and member of the Public Accounts and Foreign Affairs Committees, and Honourable Sibeso Sefulo, MP for Mwandi Constituency and Chairperson of the Parliamentary Committee on National Economy and Labour Matters.
Speaking after the meetings, Hon. Mwamba shared her optimism about Zambia’s global standing.
“We discussed parliamentary policies, food security, and job opportunities for youth and women. My take-home from the meeting was that Zambia is doing very well on the global map,” she said. “While we do face challenges, for a country in the low-income bracket, we are making commendable progress. Global reviews of Zambia are very positive, and we should be proud of ourselves.”
Hon. Mwamba encouraged Zambians to maintain a positive outlook and support national efforts, noting that although difficulties remain, Zambia’s progress compares favorably with that of many other countries.
“I’m hopeful that the achievements Zambia is making will translate into tangible benefits for the grassroots. We must stay positive and work together to provide constructive solutions,” she added.
About the Global Parliamentary Forum
The Global Parliamentary Forum is the flagship parliamentary event at the IMF and World Bank Spring Meetings. Organized by the Parliamentary Network on the World Bank and IMF (PN) alongside the WBG and IMF, the forum brings together approximately 200 legislators from around the world for dialogue with global economic leaders, including World Bank Group President Ajay Banga and IMF Managing Director Kristalina Georgieva.
Since its establishment in 2000, the Parliamentary Network has served as a neutral platform for lawmakers to share knowledge, hold governments and international institutions accountable, and contribute to shaping the international development agenda.
The Spring Meetings overall provide a key platform for finance ministers, central bank governors, development experts, civil society representatives, and parliamentarians to address global economic challenges and forge collaborative solutions.
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As things stand………
Despite the devastating drought on the economy……….
2026 is an assurance, the opposition and those in exile, only 2031 is a maybe, but then……..
The works by HH will be paying off , so bane……..
Better be realistic and look maybe 2041…….
We are here
FWD2031
But the economy was already in free fall even before the drought. We are just coming out of Easter and you are already not being truthful. Just be real, the economy completely collapsed after you took over. If in doubt, compare the prices of mealie meal, fuel and other essentials in your time. Even your argument that PF did the same when they took over from MMD does not hold water because you were elected to improve the livelihoods of Zambians. Have you improved the lives of Zambians, the answer is a big NO
Ati Masebela
How many times are they going to educate you and your friends that The PF economy of cheap things was funded by heavy external borrowing that eventually led Zambia into bankruptcy.You defaulted bane,the economy completely collapsed under the weight of unsustainable debt burden
The economic freefall under Lungu was only stopped by,thank God, the coming of UPND
The painful but temporary economic situation Zambians are facing now is as a result of a pragmatic team of economic managers restructuring an import and consumption oriented economy into a capital accumulating and export oriented economy
The slave masters commending their slave. And the slave goes to his fellow slaves and boasts about how the master has praised him.
The case of the house slave looking down on the field slave.
Unfortunately countries have to engage in global economic matters……….
FED2031…..Olo even 2041
We still in darkness which ever way you look at this
2026 will be the year some will realise theirs is not the only way
FWD2031……..olo even 2041 ka……
Jokes