{
  "title": "Zambia: 2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Zambia",
  "publication": "IMF Staff Country Reports, October 25, 2017",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2017/10/25/zambia-2017-article-iv-consultation-press-release-staff-report-and-statement-by-the-45358",
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  "summary": "This 2017 Article IV Consultation highlights the improved near-term outlook for the Zambian economy in recent months, driven by good rains and the rising world copper price.",
  "publishDate": "2017-10-25",
  "series": "IMF Staff Country Reports",
  "sections": [
    {
      "heading": "Executive summary and outlook",
      "content": "- Improved near-term outlook for the Zambian economy in recent months driven by:\n  - good rains\n  - the rising world copper price\n- The economy was in near-crisis conditions from the fourth quarter of 2015 through most of 2016, reflecting:\n  - the impact of exogenous shocks\n  - lax fiscal policy in the lead-up to general elections\n- The medium-term outlook for the economy is contingent on policies"
    },
    {
      "heading": "Key findings and policy implications",
      "content": "- Achieving sustained high and inclusive growth requires:\n  - a stable macroeconomic environment\n  - policies and reforms to increase productivity\n  - policies and reforms to enhance competitiveness\n  - policies and reforms to strengthen human capital\n  - policies and reforms to support financial inclusion for small and medium-scale enterprises"
    },
    {
      "heading": "Subjects and keywords (as listed)",
      "content": "- Subject: Debt sustainability analysis, External debt, Fiscal policy, Fiscal stance, Public and publicly-guaranteed external debt, Public debt\n- 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\n\n---\n\n Content in this bundle\n\n- Country Report\n  - Country Report (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Country Report (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/cr/issues/2017/10/25/zambia-2017-article-iv-consultation-press-release-staff-report-and-statement-by-the-45358"
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    "Published: October 25, 2017",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781484325339.002",
    "Improved near-term outlook for the Zambian economy in recent months driven by:",
    "The economy was in near-crisis conditions from the fourth quarter of 2015 through most of 2016, reflecting:",
    "The medium-term outlook for the economy is contingent on policies",
    "Achieving sustained high and inclusive growth requires:",
    "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",
    "**Country Report**"
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