An International Financial Audit Firm, KPMG has supported Zambia’s bid to acquire a 1.3 billion dollar International Monetary Fund interest free bailout loan.
KPMG Audit and Staff Partner Maaya Chipwayambokoma says the loan will create stability in the economy as it comes with an underlying commitment to fiscal discipline.
He says this will enable government to dismantle the outstanding debt
stock to contractors and inject some cash into the economy that will lead to increased business activities.
He further says this will lead to ease access to low cost credit as government will be removed from being a significant player in the domestic money.
Mr Chipwayambokoma said this during the PMR Africa awards ceremony where various business institutions were awarded for their competence and excellence in different fields.
Muvi TV scooped the Diamond Arrow Outstanding Channel award.
International Financial Audit Firm Supports Zambia’s Bid To Acquire IMF Loan
RELATED ARTICLES
Recent Comments
on ZICTA ON ICT
on ZICTA ON ICT