On 3rd February 2026, CUTS International Lusaka joined fellow CSOs and policy think tanks at the IMF Headquarters to discuss Zambia’s economic reform programme.
Key highlights included Zambia’s progress in macroeconomic stabilization moving from a 10% deficit in 2020 to sustained surpluses, inflation dropping from 30% to ~9%, and reserves rising to over USD 5.6 billion.
While 94% of debt has been restructured, 16 bilateral agreements remain pending. Governance reforms, especially the amendment of the ACC Act, were flagged as urgent.
Sectoral reforms in energy and agriculture have delivered savings and improved supply stability, but stronger oversight and audits are needed.
CUTS International reaffirmed its commitment to accountability, inclusive dialogue, and evidence-based advocacy to ensure reforms benefit citizens.
