Hichilema's UPND ousted PF's Lungu in 2021 amid sovereign- default and macro crisis. Programme: IMF Extended Credit Facility (signed Aug 2022, $1.3bn), G20 Common Framework debt restructuring (memorandum-of-understanding with bilateral creditors June 2023, eurobond exchange June 2024), Bank of Zambia governor reinstated and modernised, free basic education, decentralised constituency-development-fund (CDF) tenfold increase. Mining-sector reform: scrapped punitive non-deductible mineral-royalty regime, attracted fresh investment in copper (KCM and Mopani control disputes resolved, First Quantum Cobre Panama loss redirecting capital). Major infrastructure: Lobito Corridor partnership with Angola/DRC/US for critical-minerals export route. 2024-2025 power-rationing crisis from drought and Kariba dam levels — emergency solar/import response. Some erosion of civic space critique on opposition harassment 2024-2025.
Policy-content fingerprint — how the framework codes this movement on its axes