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Zambia : sixth review under the three-year arrangement under the extended credit facility, requests for waiver of nonobservance of performance criterion, and financing assurances review : staff report, press release on the Executive Board discussion, and statement by the Executive Director for Zambia

Author: International Monetary Fund. African Department.
Publisher: Washington, D.C. : International Monetary Fund, ©2011.
Series: IMF country report, no. 11/196.
Edition/Format:   eBook : Document : International government publication : EnglishView all editions and formats
Summary:
Zambia's strong economic performance continues under the Extended Credit Facility arrangement. With a broadly unchanged macroeconomic outlook, the medium-term policy stance remains appropriate, but vigilance is warranted. The strengthening economy provides an opportunity for more rapid poverty reduction and employment creation. The fiscal program remains appropriate. As the government moves to tap the sovereign bond  Read more...
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Details

Material Type: Document, Government publication, International government publication, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: International Monetary Fund. African Department.
OCLC Number: 754622628
Notes: "July 2011."
Description: 1 online resource (52 pages).
Series Title: IMF country report, no. 11/196.
Other Titles: Zambia, sixth review under the three-year arrangement
Responsibility: prepared by the African Dept., in consultation with other departments.
More information:

Abstract:

Zambia's strong economic performance continues under the Extended Credit Facility arrangement. With a broadly unchanged macroeconomic outlook, the medium-term policy stance remains appropriate, but vigilance is warranted. The strengthening economy provides an opportunity for more rapid poverty reduction and employment creation. The fiscal program remains appropriate. As the government moves to tap the sovereign bond market, it will be important to strengthen debt and liquidity management capacity. Reforming the pricing and marketing system for maize remains critical. Executive Directors support the Bank of Zambia (BoZ)'s monetary policy tightening.

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Primary Entity

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