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Zambia : 2015 IV Article Consultation - Press Release ; Staff Report ; and Statement by the Executive Director for Zambia.

Author: International Monetary Fund African Dept
Publisher: Washington, United States : INTERNATIONAL MONETARY FUND, 2015.
Series: IMF Staff Country Reports.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
Zambia achieved strong growth and macroeconomic stability over most of the last decade. However, in the last two years, the Zambian economy has been facing strong headwinds from large fiscal imbalances, lower copper prices, and policy uncertainties. The current account has deteriorated, international reserves have fallen, and the exchange rate has been under downward pressure.
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Genre/Form: Electronic books
Additional Physical Format: Print version:
Dept., International Monetary Fund. African.
Zambia: 2015 IV Article Consultation - Press Release; Staff Report; and Statement by the Executive Director for Zambia.
Washington : International Monetary Fund, ©2015
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: International Monetary Fund African Dept
ISBN: 1513554832 9781513554839
OCLC Number: 914191772
Description: 1 online resource (77).
Contents: Cover; CONTENTS; BACKGROUND; BOXES; 1. Main Recommendations of the 2013 Article IV Consultation; RECENT DEVELOPMENTS; OUTLOOK AND RISKS; 2. Risk Assessment Matrix; ENSURING MACROECONOMIC STABILITY; A. Fiscal Policy; B. Monetary and Exchange Rate Policies; C. Financial Sector Stability; REDUCING EXTERNAL VULNERABILITY; ENHANCING COMPETITIVENESS AND INCLUSIVE GROWTH; STAFF APPRAISAL; TABLES; 1. Selected Economic Indicators, 2012-20; 2. Fiscal Operations of the Central Government, 2012-20 (Millions of kwacha); 3. Fiscal Operations of the Central Government, 2012-20 (Percent of GDP). 4. Government Cash Flow Schedule, 2013-205. Monetary Accounts, 2012-20; 6. Balance of Payments, 2012-20 (Millions of U.S. dollars); 7. Balance of Payments, 2012-20 (Percent of GDP); 8. Financial Soundness Indicators, 2008-14; 9. Millennium Development Goals, 1990-2013; FIGURES; 1. Real Sector Developments; 2. Fiscal Developments; 3. External Sector Developments; 4. Banking Sector Developments; APPENDICES; I. External Stability Assessment; II. Value Added Tax Refunds to Exporters; CONTENTS; RELATIONS WITH THE FUND; JOINT WORLD BANK-FUND WORK PROGRAM, 2015-16; STATISTICAL ISSUES.
Series Title: IMF Staff Country Reports.

Abstract:

Zambia achieved strong growth and macroeconomic stability over most of the last decade. However, in the last two years, the Zambian economy has been facing strong headwinds from large fiscal imbalances, lower copper prices, and policy uncertainties. The current account has deteriorated, international reserves have fallen, and the exchange rate has been under downward pressure.

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