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Zambia - Second Economic Management and Growth Credit Project (English)

This Second Economic Management and Growth Credit Project's reform program and objectives aim to facilitate Zambia by: 1) maintaining and deepening Zambia's macroeconomic framework conducive to robust growth; 2) strengthening the credibility and institutional capacity of the public sector; and 3) enhancing Zambia's growth opportunities while improving its poverty impact. The FY04-07 CAS envisages that over the four-year period of CAS implementation, there could be two multi-tranche Development Policy Lending Operations or one multi-tranche plus two single tranche development policy operations (DPOs) to support CAS implementation. IDA and the Government of the Republic of Zambia agree that achieving these objectives in part depend on the implementation of specific reforms in the areas of: (i) public sector management; (ii) macro economic management including the reduction of arrears and the establishment of a credit rating bureau; (iii) agriculture; (iv) infrastructure; and (v) business environment.


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    Zambia - Second Economic Management and Growth Credit Project

  • Keywords

    civil service payroll;Public Expenditure Management and Financial Accountability;decline in poverty rate;terms of trade shock;civil service pension system;civil service pension fund;Financial Management and Accountability;impact of transport cost;Cost of Doing Business;small and medium enterprise;import of goods;Agriculture;budget execution report;private sector credit;current account balance;public sector reform;public service reform;open market operation;public debt sustainability;Development Policy Operation;long term development;financial sector development;public expenditure program;increase tax revenue;external debt ratios;reduction of inflation;debt service saving;external debt obligation;debt management strategy;export of goods;medium term program;public external debt;quality of data;Civil Service Reform;Public Finance Management;Performance Appraisal System;roads and water;agricultural marketing system;enforcement of law;kilometers of road;improvements in health;human resource management;Financial Management System;sound financial footing;direct budget support;public service management;Cash flow forecast;macro economic performance;economic sector work;institutional reform agenda;poverty reduction impact;wages and salary;yields on bond;balance of payment;competitiveness of export;tight monetary policy;total public debt;domestic credit expansion;support Rural Development;exchange rate stability;wealth creation;domestic borrowing;domestic financing;road transport;inclusive growth;constant price;copper price;road agency;Macroeconomic Management;agricultural sector;credit culture;infrastructure service;support measure;macroeconomic environment;domestic debt;



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Zambia - Second Economic Management and Growth Credit Project (English). Washington, D.C. : World Bank Group.