Zambia President Reappoints Musokotwane Finance Minister After Election Victory Monday In Copper Rich Nation
Zambian President Hakainde Hichilema reappointed Situmbeko Musokotwane as finance minister after last month's election, shown at Monday's cabinet swearing-in. Musokotwane served since 2021 and led Zambia through protracted debt restructuring after it became first African country to default during COVID-19 pandemic. Zambia is now aiming to agree a new IMF programme by year end. The move signals continuity for investors watching copper-rich nation's fiscal reforms and debt sustainability.
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