Zambia: Joint Staff Assessment of the Poverty Reduction Strategy Paper Progress Report

July 1, 2004

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Zambia: Joint Staff Assessment of the Poverty Reduction Strategy Paper Progress Report, (USA: International Monetary Fund, 2004) accessed October 9, 2024

Summary

This paper presents the Joint Staff Assessment of Zambia’s Poverty Reduction Strategy Paper (PRSP) Progress Report. The report concludes that the implementation of the PRSP has been weaker than intended because of the extreme pressures placed on the budget by extrabudgetary expenditures, which reduced the funding available to PRSP programs and activities. The report also acknowledge that Zambia’s economic program supported by the IMF’s Poverty Reduction and Growth Facility arrangement has been off track since April 2003 owing to fiscal slippages, in particular salary and wage overrun, which led to high domestic borrowing.

Subject: Education, Expenditure, Health, Poverty, Poverty reduction, Poverty reduction strategy, Public financial management (PFM)

Keywords: A lot of Progress, CR, District government, Global, Government, Government funding, Implementation of the PRSP, ISCR, MDG goal, Poverty reduction, Poverty reduction strategy, PRSP crosscutting strategy, PRSP implementation, PRSP program, Report, Restated commitment

Publication Details

Pages:

14
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2004/179
Stock No:

1ZMBEA0022004
ISBN:

9781451841213
ISSN:

1934-7685

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