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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 financ...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2011
Series:IMF Staff Country Reports
Subjects:
Financial Markets
Public Finance & Taxation
Revenue
Price Level
Capital Investments
Finance, Public
Financial Services Industry
Other Public Investment And Capital Stock
Financial Markets And The Macroeconomy
Macroeconomics
Public Finance
Public Financial Management (pfm)
Taxation, Subsidies, And Revenue: General
Finance
Deflation
National Government Expenditures And Related Policies: General
Capital Spending
Financial Sector Development
Expenditure
Finance: General
Inflation
Revenue Administration
Prices
National Government Expenditures And Related Policies: Infrastructures
Zambia
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary: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
Physical Description:21 pages
ISBN:9781462315345

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