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IMF approves 569.7 mln USD disbursement for Zambia

LUSAKA, June 27 (Xinhua) -- The International Monetary Fund (IMF) Executive Board has approved the third review of Zambia's extended credit facility, greenlighting an immediate disbursement of about 569.7 million U.S. dollars, a senior government official said on Thursday.

The disbursement includes approval for an additional 30 percent quota, or 385.7 million dollars, requested by the government, said Minister o

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