Comments on: IMF Managing Director Kristalina Georgieva Statement to the Financial Community on Zambia https://www.lusakatimes.com/2024/05/15/imf-managing-director-kristalina-georgieva-statement-to-the-financial-community-on-zambia/ Keeping you Informed Thu, 16 May 2024 21:29:07 +0000 hourly 1 https://wordpress.org/?v=6.5.5 By: Swahili for the unity of Africa https://www.lusakatimes.com/2024/05/15/imf-managing-director-kristalina-georgieva-statement-to-the-financial-community-on-zambia/#comment-3539636 Thu, 16 May 2024 21:29:07 +0000 https://www.lusakatimes.com/?p=449527#comment-3539636 In reply to UFIMBENUMA.

Is it the IMF that told us to borrow 34 billion usd? And no tangible asset to show for the loans. Where is Clive Chirwa’s high speed railway for the Eurobond which we borrowed from private investors? The Eurobond lenders want their money back! Did IMF advise us, let alone force us to borrow other peoples’ money? Let us be responsible and own up to our irresponsible behaviour. Someone is in court for stealing and ordinary suffering people are shouting alebwelapo!! How foolish can a population be?

]]> By: JJ https://www.lusakatimes.com/2024/05/15/imf-managing-director-kristalina-georgieva-statement-to-the-financial-community-on-zambia/#comment-3539560 Wed, 15 May 2024 20:14:03 +0000 https://www.lusakatimes.com/?p=449527#comment-3539560 I honestly thought that HH was smarter than he looks because he saw how KK embracing IMF brought him down and thats the same path he has chosen Only a fool will think that we will be Okay economically as a nation Watch this space

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]]> By: Gunner in Zambia https://www.lusakatimes.com/2024/05/15/imf-managing-director-kristalina-georgieva-statement-to-the-financial-community-on-zambia/#comment-3539559 Wed, 15 May 2024 19:56:47 +0000 https://www.lusakatimes.com/?p=449527#comment-3539559 In reply to personal Physician.

You do not understand international finance. Who told you the IMF lends money for infrastructure development? Do you know that Mauritius has been on an IMF programme before?

]]> By: Tikki https://www.lusakatimes.com/2024/05/15/imf-managing-director-kristalina-georgieva-statement-to-the-financial-community-on-zambia/#comment-3539553 Wed, 15 May 2024 17:54:30 +0000 https://www.lusakatimes.com/?p=449527#comment-3539553 How Stupid some are !! WE are broke and WE go running to the IMF and world bank they Give us the
T & C’s we agree and sign .. Things dont work out and we start insulting and blaming them
Are we normal >>>>? ??

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]]> By: Joburger https://www.lusakatimes.com/2024/05/15/imf-managing-director-kristalina-georgieva-statement-to-the-financial-community-on-zambia/#comment-3539544 Wed, 15 May 2024 16:46:19 +0000 https://www.lusakatimes.com/?p=449527#comment-3539544 Looking at the comments above, you can see that Zambia, and Africa in general has a long way to ‘wake’ up. Most commentors dislike IMF for no logical/rational reason, and these IMF are the same that was in the same boat with PF.

WE need to keep working hard to be able to develop the country. In addition, we need capital (which we don’t have currently) in order to buy production tools and machinery. But for most in Zambia, even this simple logic is difficult to understand. Anyway, that’s my 2cents

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]]> By: Anonymous https://www.lusakatimes.com/2024/05/15/imf-managing-director-kristalina-georgieva-statement-to-the-financial-community-on-zambia/#comment-3539543 Wed, 15 May 2024 16:45:22 +0000 https://www.lusakatimes.com/?p=449527#comment-3539543 Looks like IMF’s main culprit is Electricity supply companies….they know how cripple economies…..ask any Ghanaian the meaning of DUMSOR then you will know exactly where Zambia is heading to

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]]> By: UPND Cadre from Ngombe Compound Lsk https://www.lusakatimes.com/2024/05/15/imf-managing-director-kristalina-georgieva-statement-to-the-financial-community-on-zambia/#comment-3539542 Wed, 15 May 2024 16:14:54 +0000 https://www.lusakatimes.com/?p=449527#comment-3539542 IMF program was not present during PF, what did we do???…Default!!! We got the mines back, what did we do again???…Steal!!!

]]> By: kci https://www.lusakatimes.com/2024/05/15/imf-managing-director-kristalina-georgieva-statement-to-the-financial-community-on-zambia/#comment-3539535 Wed, 15 May 2024 14:15:35 +0000 https://www.lusakatimes.com/?p=449527#comment-3539535 The IMF writes the same things to gullible African leaders and their group praise jumps. All they do is find and replace. If the statement that last written to Ghana, another IMP slave all they do when editing the document is “Find Ghana, Replace Zambia”. Read through while they are laughing and send to the puppet HH. What progress has Zambia made, with high food prices, fuel prices, high exchange rate? The progress they are talking about are removal of subsides, selling all the maize to neighboring countries, giving tax holidays to white owned mines, give away tollgates to foreign companies, borrow some from IMF and not China. The end results are shortages of commodities to the common Zambia.

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]]> By: Pelekelo https://www.lusakatimes.com/2024/05/15/imf-managing-director-kristalina-georgieva-statement-to-the-financial-community-on-zambia/#comment-3539533 Wed, 15 May 2024 13:52:08 +0000 https://www.lusakatimes.com/?p=449527#comment-3539533 A few years ago the IMF was praising Ghana for embarking on the IMF program. Look at where Ghana is today. Ghana is worse off than before the IMF program.

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]]> By: Beenzu https://www.lusakatimes.com/2024/05/15/imf-managing-director-kristalina-georgieva-statement-to-the-financial-community-on-zambia/#comment-3539532 Wed, 15 May 2024 13:51:01 +0000 https://www.lusakatimes.com/?p=449527#comment-3539532 A few years ago the IMF was praising Ghana for embarking on the IMF program. Look at where Ghana is today. Ghana is worse off than before the IMF program.

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