Youth advocate Mukuka Kampamba says it’s senseless for President Hakainde Hichilema to celebrate the IMF bailout package approval.
If anything, chances of IMF not approving a bailout package for an African country are very slim.
The IMF Always approves deals because the west have keen interest in supporting African countries as they deem them incapacitated to run on their own and indeed their own interests.
Other reasons why IMF ceremoniously approves bailout package deals is for them to be able to have total control of the recipient nation.
A person who owes you money will always give you respect, adherence and listen attentively to you when you speak.
IMF never rejected a bailout package for the previous government, it only delayed to approve it and it was due to be approved after elections.
On the same note, I would like to categorically advice Mr Hichilema to be “less rhetorical”, very important and utilize this bailout package to allow financial cash-flow in the economy as the prevailing situation on the ground is unbearable and dangerously choking small medium enterprises SMEs.
Mukuka Kampamba//
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