European Parliament Library

Zambia :, 2009 Article IV Consultation, Third Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, and Request for Modification of Performance Criteria: Staff Report; Staff Supplement: Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for Zambia

This 2009 Article IV Consultation highlights that the Zambian economy has performed well in recent years and showed some resilience to the recent global recession. Growth in 2009 is now projected at 5.3 percent, in line with the average for recent years, as the slowdown in the tertiary sector was compensated by a significant increase in copper production and a bumper crop. Executive Directors have commended the Zambian authorities for their prudent macroeconomic management, observing that the Zambian economy has proven resilient to the global economic crisis
Table Of Contents
Cover; Contents; Executive Summary; I. Background; II. Recent Developments; III. Program Performance; IV. Economic Program For 2010; A. Fiscal Policy; B. Monetary Policy; Boxes; 1. Exchange Rate Volatility in Zambia; C. Structural Policies; D. Program Monitoring; V. Sustaining Growth Through Diversification; A. Medium-Term Macroeconomic Outlook; B. Increasing Fiscal Space; 2. Increasing Fiscal Space; C. Reform of the Monetary Policy Framework; D. Debt Sustainability; 3. Strengthening Monetary Policy Implementation; E. Exchange Rate Assessment; F. Other Issues; VI. Economic Statistics
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (81 p.)
Specific Material Designation
Form Of Item

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