2024-01-01
The Bank of Zambia has proposed a new Stability and Resilience Facility to bolster financial sector stability following the 2023/24 drought and power crisis. Eligible financial service providers are invited to review the attached terms and conditions during scheduled virtual meetings on November 25 and 26, 2024. The facility will enable these institutions to extend targeted medium-term loans to agricultural businesses and households adversely affected by rising food and energy costs.