The International Monetary Fund (IMF) has accused the authorities in Zambia of allowing corruption to spread through high-profile bidding and construction projects.
The Zambian government has increased the cost of many construction projects using cronies’ and elites’ funds.
The press release of the International Monetary Fund announced that the huge financial resources invested in infrastructure projects provided avenues for corruption, especially with regard to awarding bids.
The statement added that the political connections of members of the country’s elite allowed rules to be amended and access to lucrative contracts.
According to the statement, corruption increased from 2009 to 2021 and became particularly entrenched during the period between 2016-2021.