IMF sees Zambia agreement with official creditors ‘within a few days’

NEW YORK, June 20 (Reuters) – The International Monetary Fund is encouraged by the “significant progress” in discussions between Zambia and its official creditors, and an agreement could be reached “within a few days,” the fund said in a statement on Tuesday.

“We are very encouraged by the significant progress being made in discussions between official creditors and Zambia on a potential debt treatment,” a spokesperson for the fund wrote.

“We expect an agreement could be reached within a few days, which would allow the Executive Board consider the first review of the Fund-supported program within a few weeks.”

(Reporting by Rodrigo Campos and Rachel Savage; Editing by Leslie Adler)