President Hakainde Hichilema has acknowledged progress in Zambia’s economic recovery, pointing to stabilisation of the kwacha, a decline in inflation, and the completion of the International Monetary Fund’s Extended Credit Facility Programme. The President expressed appreciation to Zambians for what the statement described as patience, resilience, and continued support throughout the country’s economic recovery efforts. The release recalled that Zambia was in sovereign debt default in 2021, contrasting that position with what it described as the country’s current trajectory toward economic recovery and improved stability. The President acknowledged that economic recovery remains ongoing and stated that the reform process is not yet complete. PRESIDENT HICHILEMA THANKS ZAMBIANS AS ECONOMIC REFORMS DELIVER, 29TH JANUARY,2026Loading read count...