Zambia gets over one billion dollar loan from IMF.

International Monetary Fund has approved a one point three billion dollar loan to Zambia.
It said it would help Zambia restore economic stability and foster higher and more inclusive growth.
IMF said Zambia was dealing with years of economic mismanagement and its growth rates were too low to tackle poverty, inequality and malnutrition.
In return Zambia will have to tackle corruption, eliminate fuel subsidies and make agricultural subsidies more efficient.