Finance and National Planning Minister Situmbeko Musokotwane is leading a high-powered Zambian delegation at the 2025 Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group, which began yesterday in Washington, D.C.
Zambia’s participation reflects its commitment to strengthening international partnerships and attracting global support for its economic transformation agenda, with a focus on sustainable growth and improving citizens’ livelihoods.
According to a statement released on Tuesday, the delegation includes Secretary to the Treasury Felix Nkulukusa, Bank of Zambia Governor Denny Kalyalya, Zambia Revenue Authority Commissioner General Dingani Banda, and Permanent Secretary for Budget and Economic Affairs Mwaka Mukubesa.
Political representation is also part of the mission. Chasefu MP Misheck Nyambose, who chairs the Parliamentary Committee on Local Government Accounts, and Chisamba MP Chushi Kasanda, a member of the Parliamentary Committee on Government Assurances, are attending the Global Parliamentary Forum held alongside the main meetings.
Upon arrival in Washington, Musokotwane and his team were received by Zambia’s Ambassador to the United States, Chibamba Kanyama, and other embassy officials. Ambassador Kanyama emphasized the importance of Zambia’s participation, describing it as a reaffirmation of the country’s growing global presence.
Speaking during a liaison meeting with the Zambian delegation, Musokotwane outlined the government’s priorities for the engagements.
“Our engagements aim to enhance social sector interventions and promote investments in mining, agriculture, tourism, and infrastructure through Public–Private Partnerships,” Musokotwane said.
He added that Zambia remains committed to deepening cooperation with development partners and investors to ensure sustained economic growth, transformation, and inclusive development.
Musokotwane also noted that the IMF-World Bank Annual Meetings provide a strategic platform for knowledge sharing, investment promotion, and building strong partnerships for development.
“Through these engagements, Zambia contributes to global solutions for shared challenges while advancing sustainable and inclusive growth,” he said.
The meetings are being held at a time when global leaders are calling for increased cooperation, resilience, and inclusion in economic policy. IMF Managing Director Kristalina Georgieva and World Bank Group President Ajay Banga have both emphasized the need to balance fiscal responsibility with social equity, job creation, and climate resilience to ensure economic recovery benefits all nations.
Throughout the week-long summit, the Zambian delegation will take part in high-level discussions organized by the IMF and the World Bank. The team is expected to meet with development partners, investors, and participate in strategic dialogues aimed at promoting Zambia’s reform agenda.
Key engagements include the 2025 African Consultative Group Meeting with IMF Managing Director Kristalina Georgieva and active participation in the International Monetary and Finance Committee (IMFC), the IMF’s top policy-making body.
Zambia’s active presence at the Annual Meetings highlights its efforts to strengthen credibility with global financial institutions while pursuing reforms aimed at long-term stability, investment growth, and economic inclusion.