The International Monetary Fund (IMF) says it is imperative that Central banks maintain “operational independence and credibility.”
In a tense statement in reaction to the firing of respected former Bank of Zambia Gavernor, Denny Kalyalya, who has since been replaced by a ruling party Stooge, Christopher Mvunga, the IMF expressed concern on the changes at the Zambian central bank.
See statement below…
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