{"id":203659,"date":"2025-07-31T14:56:59","date_gmt":"2025-07-31T12:56:59","guid":{"rendered":"https:\/\/southafricatoday.net\/africa-news\/southern-africa\/zambia\/zambia-seeks-one-year-extension-of-imf-bailout-program\/"},"modified":"2025-07-31T14:56:59","modified_gmt":"2025-07-31T12:56:59","slug":"zambia-seeks-one-year-extension-of-imf-bailout-program","status":"publish","type":"post","link":"https:\/\/southafricatoday.net\/africa-news\/southern-africa\/zambia\/zambia-seeks-one-year-extension-of-imf-bailout-program\/","title":{"rendered":"Zambia Seeks One-Year Extension of IMF Bailout Program"},"content":{"rendered":"<p><\/p>\n<div>\n<p class=\"story-body-text\" data-para-word-count=\"1\"><em>TLDR<\/em><\/p>\n<ul>\n<li>Zambia is seeking a 12-month extension to its ongoing bailout programme with the International Monetary Fund (IMF), the government said in a cabinet statement<\/li>\n<li>The current 38-month Extended Credit Facility, originally set to end in October 2025, was approved in August 2022 with an initial value of $1.3 billion<\/li>\n<li>Zambia defaulted on its external debt in 2020 and has since worked toward restoring financial stability through a restructuring deal with official creditors<\/li>\n<\/ul>\n<p class=\"story-body-text\" data-para-word-count=\"26\">Zambia is seeking a&#8230;<\/p>\n<\/div>\n<p><a href=\"https:\/\/allafrica.com\/stories\/202507310246.html\" target=\"_blank\" rel=\"noopener\">Read more on AllAfrica.com<\/a><br \/>\n<br \/>South Africa Today Africa \u2013 Southern Africa <a title=\"Zambia\" href=\"https:\/\/southafricatoday.net\/africa-news\/category\/southern-africa\/zambia\/\">Zambia<\/a> News<\/p>\n","protected":false},"excerpt":{"rendered":"<p>TLDR Zambia is seeking a 12-month extension to its ongoing bailout programme with the International Monetary Fund (IMF), the government said in a cabinet statement The current 38-month Extended Credit Facility, originally set to end in October 2025, was approved in August 2022 with an initial value of $1.3 billion Zambia defaulted on its external [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":203660,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"https:\/\/cdn.allafrica.com\/static\/images\/structure\/aa-logo-rgba-no-text-square.png","fifu_image_alt":"","footnotes":""},"categories":[825],"tags":[258,256,11791,11644,1283,257,33609,5163,8111,254,4709,881],"class_list":["post-203659","post","type-post","status-publish","format-standard","has-post-thumbnail","category-zambia","tag-africa","tag-africa-news","tag-bailout","tag-extension","tag-imf","tag-news","tag-oneyear","tag-program","tag-seeks","tag-south-africa-today","tag-zambia","tag-zambia-news"],"fifu_image_url":"https:\/\/cdn.allafrica.com\/static\/images\/structure\/aa-logo-rgba-no-text-square.png","_links":{"self":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/203659","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/comments?post=203659"}],"version-history":[{"count":0,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/203659\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media\/203660"}],"wp:attachment":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media?parent=203659"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/categories?post=203659"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/tags?post=203659"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}