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Zambia: Enhanced Initiative for Heavily Indebted Poor Countries—Completion Point Document

International Monetary Fund

No 2005/137, IMF Staff Country Reports from International Monetary Fund

Abstract: This paper examines Zambia’s progress under the Enhanced Initiative for Heavily Indebted Poor Countries. Zambia has met all but three of the completion point conditions, as specified in the decision point document. It made satisfactory progress in implementing and monitoring its Poverty Reduction Strategy Paper for at least one year, and maintained a stable macroeconomic environment as evidenced by satisfactory performance under a program supported by the Poverty Reduction and Growth Facility. Zambia has met the completion point targets in the social sectors, has undertaken important structural reforms, and strengthened public expenditure management.

Keywords: ISCR; CR; exchange rate; debt management; Zambian authorities; public expenditure; discount rate; balance of payments; Debt relief; Debt service; Government debt management; Budget planning and preparation (search for similar items in EconPapers)
Pages: 52
Date: 2005-04-19
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