IMF EXTENDED CREDIT FACILITY BY 12 MONTHS- IMINGALATO
We note Cabinet approval of IMF ECF by another 12 months. What is blatantly clear is that this extension fits exactly in the remaining term of Mr Hakainde Hichilema and his UPND government. It is well calculated to assist Mr Hichilema and the UPND up to their point of exit.
So the idea is that if they lose, then the incoming government should find a difficult terrain. If this extension was well meaning, it should have been for another 3 years.
This also shall not work. The incoming government should start planning now on how to circumvent this move upon coming into office.
Simply put, we need a plan outside IMF from August 2026.
Fred M’membe
President of the Socialist Party
Ba Fred there is no incoming government, the sooner you get that one to that thick big head of yours the batter. You are talking as if we have an opposition party. Please don’t count your eggs. It will never happen sir. Zambians can never vote for you with those socialism Ideologies you have which can never work. Keep on dreaming giving you a purpose to live as long you won`t have heart attack in 2026
Says a man that
1. Failed Advanced Financial Management three times at ACCA.
2. Failed to meet the tax obligations of a firm he led.
3. Borrowed money from a bank and failed to pay back.
How do we listen or take advice from a man that doesnt believe in the basic tenants of accounting the bed rock of finance and financial managent? Prudence. How Mmembe do you ignore that and suggest wreckless exposure?
In addition to what you say, he is just ranting…
Socialism was Dismantled years back and will never come back…
Let him give us his Alternative Plan…
All of the Opposition Put together are just play boys with no plan or better said, niba Chimbwi No Plan…