Zambia; Staff Report for the 2012 Article IV Consultation

Despite Zambia's continued battle with poverty, the authorities have maintained sustained growth and macroeconomic stability during the past decade. 2011 showed robust GDP growth supported by agricultural activities and strong bank credit. But the Executive Board expressed concern over the risks arising from the volatility of copper prices and the delay in implementing measures required to meet the 2012 budget deficit target. Directors recommended strengthening the tax administration and reducing subsidies and incentives for achieving the fiscal targets.

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Year of publication:	2012-07-26
Institutions:	International Monetary Fund (IMF) ; International Monetary Fund
Subject:	Article IV consultations \| Staff Reports \| Debt sustainability analysis \| Economic conditions \| Economic growth \| Economic indicators \| Financial sector \| Fiscal management \| Fiscal reforms \| formal sector \| fiscal regime \| fiscal measures \| budget support \| capital expenditure \| fiscal deficit \| tax revenues \| international reserves \| capital expenditures \| fiscal operations \| budget deficit \| fiscal space \| tax administration \| tax policy \| fiscal policy \| fiscal targets \| public debt \| intergovernmental transfers \| tax reforms \| fiscal developments \| fiscal deficits \| central government budget \| taxation \| fiscal risks \| financial services \| government spending \| fiscal strategy \| financial sector development \| tax liability \| government budget \| fiscal sustainability \| expansionary fiscal policy \| public expenditure \| fiscal balance \| fiscal policy objectives \| reserve requirement \| fiscal position \| expansionary fiscal \| fiscal costs \| tax burden \| fiscal discipline \| portfolio investment \| fiscal spending \| fiscal savings \| fiscal regimes \| liquid asset

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Extent:	application/pdf
Series:	IMF Staff Country Reports.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series IMF Staff Country Reports Number 12/200 7 pages long
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011243636