Zambia: Enhanced Initiative for Heavily Indebted Poor Countries—Completion Point Document
IMF Staff Country Reports, April 19, 2005
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Bibliographic details
- Published: April 19, 2005
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451841251.002
Progress under the Enhanced Initiative
- Zambia has met all but three of the completion point conditions, as specified in the decision point document.
- The country made satisfactory progress in implementing and monitoring its Poverty Reduction Strategy Paper for at least one year.
- Satisfactory performance was maintained under a program supported by the Poverty Reduction and Growth Facility.
Macroeconomic environment
- Maintained a stable macroeconomic environment, as evidenced by satisfactory performance under the Poverty Reduction and Growth Facility-supported program.
Social sectors and structural reforms
- Zambia has met the completion point targets in the social sectors.
- The country has undertaken important structural reforms.
Public expenditure management
- Public expenditure management was strengthened as part of the completion point process.
Key findings (concise)
- Met all but three completion point conditions.
- Implemented and monitored the Poverty Reduction Strategy Paper for at least one year.
- Satisfactory macroeconomic performance under a Poverty Reduction and Growth Facility-supported program.
- Completion point targets achieved in the social sectors.
- Important structural reforms undertaken.
- Strengthened public expenditure management.
International Monetary Fund. "Zambia: Enhanced Initiative for Heavily Indebted Poor Countries—Completion Point Document", IMF Staff Country Reports 2005, 137 (2005).