Zambia: 2003 Article IV Consultation and Ex Post Assessment of Performance Under Fund-Supported Programs—Staff Reports; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Zambia
IMF Staff Country Reports, July 21, 2004
Source details
- Canonical URL
- Zambia: 2003 Article IV Consultation and Ex Post Assessment of Performance Under Fund-Supported Programs—Staff Reports; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Zambia
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Bibliographic details
- Published: July 21, 2004
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451921601.002
Executive summary and economic performance
- This paper examines Zambia’s 2003 Article IV Consultation and Ex Post Assessment of Performance Under IMF-Supported Programs.
- Zambia’s economic performance has improved significantly in the last four years.
- After more than two decades of economic decline and inflation averaging more than 50 percent, growth has averaged about 4 percent per year since 2000.
Ex Post Assessment of IMF-supported programs
- The Ex Post Assessment of Performance under IMF-supported programs noted:
- Implementation under the Enhanced Structural Adjustment Facility arrangement, approved in 1995, was poor.
- Implementation generally improved under the Poverty Reduction and Growth Facility arrangement, approved in 1999.
Subject coverage and keywords
- Subject areas:
- Budget planning and preparation
- Economic sectors
- Expenditure
- Exports
- International trade
- Mining sector
- Privatization
- Public financial management (PFM)
- Keywords:
- arrears clearance
- Budget planning and preparation
- CR
- draft bill
- exchange rate
- Exports
- finalization of plan
- ISCR
- Mining sector
- poverty
- PRGF arrangement
- private sector
- Privatization
- Southern Africa
- wage bill
- Zambian authorities