THE World Bank has released $45-million to the Zambian government aimed at restructuring the economy of this impoverished Southern African country. The money has been given to Zambia through the International Development Association (IDA) fiscal sustainability credit, said James Mtonga, a secretary to the treasury in the Zambian government. “The release of the fiscal sustainability credit therefore bears testimony to government’s resolve to reform and strengthen the Zambian economy,” Mtonga said. – AFP
Monday October 1, 2001