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Zambia; Selected Issues

This paper analyzes the efforts taken to create fiscal space for the implementation of the fifth national development plan and the risk associated with it, examines the role of monetary policy in determining inflation, and discusses policy options to achieve low inflation. It also identifies areas where reform strategy needs more attention and suggests that reforms of financial system regulation need to be accelerated to ensure stability of the system. It analyzes traditional reserve adequacy measures, and finds looming power crisis as an obstacle to growth.
Year of publication:
2008-01-24
Institutions: International Monetary Fund (IMF) ; International Monetary Fund
Subject: Gross domestic product | Prices | Industrial production | Employment | Electric power | Selected issues | expenditure | fiscal space | expenditures | public spending | public expenditure | fiscal terms | government expenditure | tax incentives | fiscal deficit | medium-term expenditure framework | capital expenditure | tax base | annual budgets | government spending | medium-term expenditure | budget allocation | efficiency of government expenditure | health expenditure | debt service | expenditure framework | composition of expenditure | efficiency of expenditure | public expenditure tracking | tax burden | tax evasion | tax rates | fiscal regime | expenditure tracking | central government expenditure | government revenue | public financial management | fiscal sustainability | budget activities | expenditure plans | total expenditure | tax payments | budget support | expenditure source | expenditure tracking surveys | fiscal reporting | tax reform | fiscal revenues | expenditures on health | government deficit | public expenditure tracking surveys | mtef | fiscal authorities | tax revenue | fiscal stimulus | public debt | expenditure management | public expenditure tracking survey | fiscal consolidation | debt-service | tax share | poverty-reducing expenditures | budget allocations | fiscal planning | fiscal burden | public expenditure management | fiscal decentralization
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Extent:
application/pdf
Series:
Type of publication: Book / Working Paper
Notes:
The text is part of a series IMF Staff Country Reports Number 08/29 6 pages long
Source:
Persistent link: https://www.econbiz.de/10011243313
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