Zambia: 2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Zambia
IMF Staff Country Reports, October 25, 2017
Source details
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- Zambia: 2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Zambia
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Bibliographic details
- Published: October 25, 2017
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781484325339.002
Executive summary and outlook
- Improved near-term outlook for the Zambian economy in recent months driven by:
- good rains
- the rising world copper price
- The economy was in near-crisis conditions from the fourth quarter of 2015 through most of 2016, reflecting:
- the impact of exogenous shocks
- lax fiscal policy in the lead-up to general elections
- The medium-term outlook for the economy is contingent on policies
Key findings and policy implications
- Achieving sustained high and inclusive growth requires:
- a stable macroeconomic environment
- policies and reforms to increase productivity
- policies and reforms to enhance competitiveness
- policies and reforms to strengthen human capital
- policies and reforms to support financial inclusion for small and medium-scale enterprises
Subjects and keywords (as listed)
- Subject: Debt sustainability analysis, External debt, Fiscal policy, Fiscal stance, Public and publicly-guaranteed external debt, Public debt
- Keywords: authority, CR, creating flow, debt, Debt sustainability analysis, expenditure overrun, financing constraint, Fiscal stance, GDP, Global, government ministry, ISCR, Medium-Term debt management strategy, Public and publicly-guaranteed external debt, Sub-Saharan Africa, Zambian authorities
Content in this bundle
- Country Report