Zambia [electronic resource] : Fifth Review Under the Three-Year Arrangement Under the Extended Credit Facility, Requests for Waiver of Nonobservance of Performance Criterion and Modification of Performance Criteria, and Financing Assurances Review.

International Monetary Fund
Washington, D.C. : International Monetary Fund, 2010.
IMF eLibrary
IMF Staff Country Reports; Country Report No. 10/383.
IMF Staff Country Reports; Country Report No. 10/383
Government document
1 online resource (72 p.)
Local subjects:
Administrative improvements. (search)
Agricultural prices. (search)
Balance of payments. (search)
Budget allocations. (search)
Budget deficit. (search)
Budget support. (search)
Budgetary central government. (search)
Budgetary funds. (search)
Budgetary institutions. (search)
Capital expenditure. (search)
Central bank. (search)
Central government budget. (search)
Commercial borrowing. (search)
Commercial creditors. (search)
Concessional debt. (search)
Current account. (search)
Current account balance. (search)
Current account deficit. (search)
Current account surplus. (search)
Debt burden. (search)
Debt data. (search)
Debt databases. (search)
Debt dynamics. (search)
Debt management. (search)
Debt management capacity. (search)
Debt management office. (search)
Debt management offices. (search)
Debt management strategy. (search)
Debt management unit. (search)
Debt management units. (search)
Debt ratio. (search)
Debt recording. (search)
Debt relief. (search)
Debt relief initiative. (search)
Debt service. (search)
Debt service obligations. (search)
Debt service to export. (search)
Debt statistics. (search)
Debt stock. (search)
Debt sustainability. (search)
Debt sustainability analysis. (search)
Debt unit. (search)
Domestic borrowing. (search)
Domestic currency. (search)
Domestic debt. (search)
Domestic debt statistics. (search)
Domestic debt stock. (search)
Domestic financing. (search)
Economic indicators. (search)
Extended Credit Facility. (search)
External borrowing. (search)
External debt. (search)
External debt burden. (search)
External debt data. (search)
External debt indicators. (search)
External debt management. (search)
External debt sustainability. (search)
External disbursements. (search)
External financing. (search)
External liabilities. (search)
External loans. (search)
External payment. (search)
External payments. (search)
External payments arrears. (search)
External public debt. (search)
External short-term debt. (search)
Fiscal affairs. (search)
Fiscal affairs department. (search)
Fiscal arrangements. (search)
Fiscal assumptions. (search)
Fiscal consolidation. (search)
Fiscal deficit. (search)
Fiscal developments. (search)
Fiscal operations. (search)
Fiscal performance. (search)
Fiscal policies. (search)
Fiscal policy. (search)
Fiscal policy discussions. (search)
Fiscal position. (search)
Fiscal program. (search)
Fiscal regime. (search)
Fiscal space. (search)
Fiscal strategy. (search)
Fiscal transparency. (search)
General budget. (search)
General resources account. (search)
Government budget. (search)
Government debt. (search)
Government revenue. (search)
Infrastructure. (search)
Liquidity injection. (search)
Loan disbursement. (search)
Loan disbursements. (search)
Long-term debt. (search)
Long-term external debt. (search)
Medium-term fiscal strategy. (search)
Multilateral debt. (search)
Multilateral debt relief. (search)
Net debt. (search)
Nonconcessional debt. (search)
Payment arrears. (search)
Performance criteria modifications. (search)
Ppg debt. (search)
Primary deficit. (search)
Private creditors. (search)
Private sector borrowing. (search)
Private sector debt. (search)
Public and publicly guaranteed. (search)
Public and publicly guaranteed debt. (search)
Public debt. (search)
Public expenditure. (search)
Public external debt. (search)
Public finance. (search)
Public finances. (search)
Public sector borrowing. (search)
Public sector debt. (search)
Repayments. (search)
Reserve assets. (search)
Short-term debt. (search)
Tax administration. (search)
Tax base. (search)
Tax collections. (search)
Tax policy. (search)
Tax system. (search)
Zambia. (search)
Zambia showed strong economic performance with robust growth and moderating inflation under the Extended Credit Facility (ECF). It showed sound macroeconomic policies and progress in structural reforms. The Zambian authorities consider their main challenge to create fiscal space for priority spending, enhance economic diversification, and reduce poverty. The strengthening of debt management and project appraisal capacity are critical in this regard. To meet the financing needs for addressing growth-critical infrastructural requirements, the Zambian authorities requested a waiver for the nonobservance of a performance criterion on nonconcessional external debt.
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