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Vol 44 No 14

Published 11th July 2003


Zambia

The Fund's no fun

President Levy Mwanawasa's government agreed a budget for 2003 with the International Monetary Fund and overspent it by 612 billion kwacha; the IMF's man in Lusaka, Mark Ellyne, says it therefore will not release the US$100 million conditionally pledged to support the agreed deficit.

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