Zambia to Channel IMF Funds Strategically By Patricia Banda Government says the final disbursement of 190 million United States dollars from the International Monetary Fund will be directed towards strengthening social sectors and boosting the country’s foreign reserves. Finance and National Planning Minister SITUMBEKO MUSOKOTWANE says the funds will help consolidate macroeconomic stability while placing stronger focus on growth, investment, job creation and expanding the country’s productive ca

#FirstpostNews: Sen. Shaheen Confronts Rubio Over Venezuela Oil Funds In his first public hearing since the Jan. 3 capture of Venezuelan President Nicolás Maduro by U.S. forces, Secretary of State Marco Rubio was questioned by Senator Jeanne Shaheen over the fate of about $200 million from the sale of Venezuelan oil. Shaheen pressed the secretary on how the United States is managing the proceeds from oil sales and whether the operation is worth pursuing, noting that the interim authorities now i