COVID-19 Intervention Measures
The Zambian economy has been facing significant macroeconomic challenges as reflected in low growth, high fiscal deficits, rising inflation and debt service obligations as well as low international reserves. The outbreak of Coronavirus (COVID-19) pandemic has compounded the situation, resulting in unprecedented global public health and economic crises. Although the full impact of the COVID-19 shock on public health and the economy cannot be determined at the moment, indications are that it will be unprecedented. The Bank of Zambia has introduced the following set of measures to address the impact of the pandemic on the economy.
Businesses and Households
Targeted Medium-Term Refinancing Facility Report as at 31 December 2022TMTRF_Report_31_December_2022.pdf
Targeted Medium-Term Refinancing Facility Report as at 30 September 2022TMTRF_Report_30_September_2022.pdf
Targeted Medium-Term Refinancing Facility Report As at 30 June 2022TMTRF_Report_30_June_2022.pdf
Targeted Medium-Term Refinancing Facility Report as at 31 March 2022TMTRF_Report_31_March_2022.pdf
Targeted Medium-Term Refinancing Facility Report as at 31 December 2021 TMTRF_Report_31_December_2021.pdf
Targeted Medium-Term Refinancing Facility Report as at 30 November 2021TMTRF-Report-as-at-30-November-2021.pdf
Targeted Medium-Term Refinancing Facility Report as at 30 June 2021tmtrf_report_as_at_30_june_2021.pdf
Targeted Medium-Term Refinancing Facility Report As At 18 January 2021tmtrf_report_as_at_18_january_2021.pdf
Targeted Medium-Term Refinancing Facility Report as at 30 December 2020tmtrf_report_as_at_30_december_2020.pdf
Targeted Medium-Term Refinancing Facility Report as at 23 November 2020tmtrf_report_as_at_23_november_2020.pdf
Targeted Medium-Term Refinancing Facility Report As At 28 October 2020tmtrf_report_as_at_28_october_2020.pdf
Notice: Issuance extension of COVID-19 Bondissuance_extension_of_covid19_bond.pdf
Targeted Medium-Term Refinancing Facility Report As At 9 October 2020tmtrf_report_as_at_9_october_2020.pdf
Targeted Medium-Term Refinancing Facility Report As At 22 September 2020tmtrf_report_as_at_22_september_2020.pdf
Terms and Conditions: Targeted Medium-Term Refinancing Facility September 2020terms_and_conditions_tmtrf_september_2020.pdf
Targeted Medium-Term Refinancing Facility Report As At 3 September 2020tmtrf_report_as_at_3_september_2020.pdf
Targeted Medium-Term Refinancing Facility Report As At 14 August 2020report_on_tmtrf_14_august_2020.pdf
Targeted Medium-Term Refinancing Facility Report as at 29 July 2020Report-on-TMTRF-as-at-29-July-2020.pdf
Targeted Medium-Term Refinancing Facility Report as at 13 July 2020TMTRF_report_as_at_13_July_2020.pdf
Targeted Medium-Term Refinancing Facility Report as at 30 June 2020Report_on_TMTRF_.pdf
Measures in Response to Deteriorating Macroecomic EnvironmentPressstatement_measures_in_response_to_deteriorating_macroecomic_environment.pdf
CB Circular No.14 of 2020 Bank of Zambia Targeted Medium Term Refinancing Facility CBCIRCULARNO14OF2020BANKOFZAMBIATARGETEDMEDIUMTERMREFINANCINGFACILITY14April2020.pdf
Financial Sector
CB CIRCULAR NO. 6 OF 2020: ADJUSTMENT TO RULES AND GUIDELINES FOR OPEN MARKET OPERATIONSCBCIRCULARNO.6OF2020ADJUSTMENTTORULESANDGUIDELINESFOROPENMARKETOPERATIONS.pdf
CB CIRCULAR NO. 07 OF 2020 - REVISION OF THE ZIPSS FEESCBCIRCULARNO07OF2020REVISIONOFTHEZIPSSFEES.pdf
CB CIRCULAR NO. 08 OF 2020 - BOZ DIRECTIVE 2020CBCIRCULARNO.08OF2020BOZDIRECTIVE2020.pdf
CB CIRCULAR NO. 09 OF 2020 - AMENDMENTS TO THE INTERBANK FOREIGN EXCHANGE MARKET RULESCBCIRCULARNO09OF2020AMENDMENTSTOTHEINTERBANKFOREIGNEXCHANGEMARKETRULES.pdf
CB CIRCULAR NO.10 OF 2020 IMPLEMENTATION OF MEASURES TO MINIMISE THE SPREAD OF COVID19CBCIRCULARNO10OF2020IMPLEMENTATIONOFMEASURESTOMINIMISTTHESPREADOFCOVID19.pdf
CB CIRCULAR NO.11 OF 2020 BANKING AND FINANCIAL SERVICES CLASSIFICATION AND PROVISIONING OF LOANS DIRECTIVES 2020CBCIRCULARNO11OF2020BANKINGANDFINANCIALSERVICESCLASSIFICATIONANDPROVISIONINGOFLOANSDIRECTIVES2020.pdf
Classification and Provisioning of Loans Directives 2020ClassificationandProvisioningofLoansDirectives2020.pdf
CB CIRCULAR NO. 12 OF 2020 - TEMPORARY CLOSURE OF BRANCHES AND REVISION OF OPERATING HOURS IN VIEW OF THE COVID-19 PANDEMICCBCIRCULARNO12OF2020TEMPORARYCLOSUREOFBRANCHESANDREVISIONOFOPERATINGHOURSINVIEWOFTHECOVID19PANDEMIC.pdf
CB CIRCULAR NO. 13 OF 2020 BANK OF ZAMBIA PRUDENTIAL RELIEF MEASURES IN VIEW OF COVID-19CBCIRCULARNO13OF2020BANKOFZAMBIAPRUDENTIALRELIEFMEASURESINVIEWOFCOVID19.pdf
Frequently Asked Questions