A regime of structural reforms, privatisation of state-owned enterprises and higher taxes are the price of the US$1.47bn loan for President #Hichilema was agreed in principle on 9 October. Confirming it requires an #IMF board vote.

A regime of structural reforms, privatisation of state-owned enterprises and higher taxes are the price of the US$1.47bn loan for President #Hichilema was agreed in principle on 9 October. Confirming it requires an #IMF board vote.
#Zambia: Observers note #Hichilema was always expected to win – even without interference. The question now is whether the harsh measures around the polls were an aberration or the start of a more authoritarian era. #EEAS