Zambia: 2013 Article IV Consultation

Publication Date: January 09, 2014
Electronic Access: Free Full text (PDF file size is 1,618KB).
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Summary: This 2013 Article IV Consultation highlights that The Zambian economy has performed well in recent years, with strong growth and modest inflation, and has high growth potential. The government has resolved to step up development by scaling up investment in infrastructure. The current fiscal stance is unsustainable. To address risks of large arrears accumulations and additional central bank financing in 2013, it will be important for the authorities to adhere to their plans to reduce low-priority investment spending, and contain goods and services spending. IMF Staff recommends firmly addressing the fiscal slippages in 2014 and continuing to reduce fiscal deficits over the medium term.
Series: Country Report No. 14/5
Subject(s): Article IV consultation reports | Economic growth | Fiscal policy | Budget deficits | Government expenditures | Wage increases | Nonbank financial sector | Monetary policy | Economic indicators | Millennium Development Goals | Debt sustainability analysis | Staff Reports | Press releases | Zambia

Publication Date: January 09, 2014
ISBN/ISSN: 9781484340554/1934-7685 Format: Paper
Stock No: 1ZMBEA2014001 Pages: 86
US$18.00 (Academic Rate:
US$18.00 )
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