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Zambia :, First and Second Reviews of the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, Request for Waivers of Nonobservance of Performance Criteria, and Augmentation of Access: Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director of Zambia

Label
Zambia :, First and Second Reviews of the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, Request for Waivers of Nonobservance of Performance Criteria, and Augmentation of Access: Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director of Zambia
Language
eng
Abstract
Zambia’s nonperforming loans are expected to increase and banks have become more cautious in their lending. The staff report for the Zambia’s first and second reviews of the Three-Year Arrangement under the Poverty Reduction and Growth Facility and request for Waivers of Nonobservance of Performance Criteria, and Augmentation of Access is examined. The slowdown in external demand and uncertainty about the global outlook have negatively affected growth prospects and the balance of payments, and made the program targets for reserve accumulation unattainable
resource.governmentPublication
international or intergovernmental publication
Literary Form
non fiction
Main title
Zambia :
Nature of contents
dictionaries
Oclc number
876511921
Series statement
IMF Staff Country Reports
Sub title
First and Second Reviews of the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, Request for Waivers of Nonobservance of Performance Criteria, and Augmentation of Access: Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director of Zambia
Table Of Contents
Cover; Contents; Executive Summary; I. Background and Program Performance ; II. Managing the Effects of the Global Financial Crisis ; III. Key Structural Policies to Reach Sustained Economic Growth; IV. Program Monitoring; V. Staff Appraisal; Figures; 1. Selected Macroeconomic Indicators; 2. Cross Country Comparison, 2006-09; 3. Selected Financial Market Indicators; Tables; 1. Selected Economic Indicators; 2. Fiscal Operations of the Central Government (Billions of kwacha); 3. Fiscal Operations of the Central Government (Percent of GDP); 4. Monetary Accounts; 5. Balance of Payments6. Macroeconomic Framework, 2006-127. Financial Soundness Indicators; 8. Proposed Schedule of Disbursements Under the PRGF Arrangement; 9. Indicators of Capacity to Repay the Fund; Appendix; I. Letter of Intent; Attachment 1. Memorandum of Economic and Financial Policies; Table 1. Zambia: Quantitative Performance Criteria (PC) and Indicative Targets, 2008 (Billions of kwacha, unless otherwise indicated); Table 2. Zambia: Structural Conditionality for 2008; Table 3. Zambia: Quantitative Performance Criteria (PC) and Indicative Targets, 2009 (Billions of kwacha, unless otherwise indicated)Table 4. Zambia: Structural Benchmarks for 2009Attachment 2. Technical Memorandum of Understanding for the 2008-10; Table 1. Net Domestic Financing (Billion Kwacha); Table 2. Zambia: Gross International Reserves (Millions of U.S. dollars); Contents; I. Relations with the Fund; II. Joint World Bank-Fund Work Program, 2009-10 ; III. Statistical Issues
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