NewsletterAfrica

Zambia’s IMF Bailout Comes With Painful Conditions

Zambia’s IMF Bailout Comes With Painful Conditions
A woman sweeps outside her house in Lusaka, Zambia, Aug. 14, 2021 (AP photo by Tsvangirayi Mukwazhi).

Zambia has agreed to a $1.3 billion loan with the International Monetary Fund that is intended to bolster the debt-laden country’s macroeconomic stability. But the agreement’s conditions are evoking fears in Zambia and elsewhere across Africa of the debt crises of the 1980s and 1990s, and are likely to be unpopular with Zambians.

Keep reading for free right now!

Get instant access to the rest of this article as well as three free articles per month. You'll also receive our free email newsletter to stay up to date on all our coverage:

Or, Subscribe now to get full access.

Already a subscriber? Log in here .

What you’ll get with an All-Access subscription to World Politics Review:

A WPR subscription is like no other resource — it’s like having your own personal researcher and analyst for news and events around the globe. Subscribe now, and you’ll get:

  • Immediate and instant access to the full searchable library of 15,000+ articles
  • Daily articles with original analysis, written by leading topic experts, delivered to you every weekday
  • Weekly in-depth reports on important issues and countries
  • Daily links to must-read news, analysis, and opinion from top sources around the globe, curated by our keen-eyed team of editors
  • Your choice of weekly region-specific newsletters, delivered to your inbox.
  • Smartphone- and tablet-friendly website.
  • Completely ad-free reading.

And all of this is available to you when you subscribe today.

BEGIN YOUR WPR SUBSCRIPTION NOW

More World Politics Review