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

July 21, 2004

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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, (USA: International Monetary Fund, 2004) accessed November 21, 2024

Summary

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. The Ex Post Assessment of Performance under IMF-supported programs pointed out that implementation under the Enhanced Structural Adjustment Facility arrangement, approved in 1995, was poor, but generally improved under the Poverty Reduction and Growth Facility arrangement, approved in 1999.

Subject: 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

Publication Details

Pages:

116
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2004/214
Stock No:

1ZMBEA0042004
ISBN:

9781451921601
ISSN:

1934-7685

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