European Parliament Library

Zambia :, Ex Post Assessment of Longer-Term Program Engagement: Update

Despite improved economic growth, poverty in Zambia remained formidable and called for fiscal consolidation to contain the domestic debt and interest payments that jeopardized macroeconomic stability and social spending. Macroeconomic outcomes during ECF-2 were particularly strong. The global financial crisis significantly affected copper prices. Laying the groundwork to sustain low inflation, infrastructure development, mobilizing domestic revenues, and financial sector development are priority areas for future programs. A well-articulated medium-term economic program would help Zambia to strengthen resilience and raise growth rates
Table Of Contents
Cover; Contents; I. Introduction; II. Drawing on Priorities of the 2004 EPA Contributed to Macro Performance; Figure: 1. Zambia: Cross Country Comparison, 2000-10; III. Priority Areas for Any Future Program Engagement; A. Laying the Groundwork to Sustain Low Inflation; B. Infrastructure Development Presents Twin Challenges; C. Mobilizing Domestic Revenues; D. Financial Sector Development; IV. Future Fund Engagement; References; Appendix Tables; 1. Performance on Quantitative Performance Criteria and Benchmarks Under the 2004-07 PRGF
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (22 p.)
Specific Material Designation
Form Of Item

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