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Zambia - Financial performance of the government-owned transport sector (Inglês)

The overriding issue arising from this report is the need to reduce the transport sector's drain on the government's overall fiscal revenues. The drain took the form of injections of cash and equity, overdrafts and short-term loans from government-owned banks, or short-term loans from commercial banks with governments guarantees. The financial situation is even worse when the decapitalization of roads, due to shortfalls in regular road maintenance, is included. This report outlines an agenda for improving the overall financial performance of the sector over the next five years. It focuses mainly on the Zambia Airways Corporation, Zambia Railways Ltd., and the roads subsector which are the agencies which account for most of the sector's financial problems.


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    Relatório Econômico ou Setorial Pré-2003

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    Zambia - Financial performance of the government-owned transport sector

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    preferential trade area;national public expenditure;road maintenance;local tax rate;capita expenditure;transport agency;urban bus service;road user charge;vehicle license fee;district road;urban bus operation;road transport industry;road maintenance expenditure;private sector involvement;vehicle operating cost;average landing fee;lines of responsibility;rural district;erosion of capital;maintenance of road;cost of administration;lines of credit;autonomous road;air traffic control;sum of money;property development company;financing of road;inland water transport;civil aviation activity;volume of traffic;road haulage industry;urban districts;price of fuel;expenditures on fuel;safety and reliability;national oil company;effective road maintenance;number of vehicles;mode of transport;investment holding company;road subsector;national transport policy;public service obligation;support set;foreign exchange position;international freight market;private sector operator;provincial road;public transport operator;allocations for road;air freight service;short-term loan;government guarantee;financial health;fuel charge;financial problem;main road;rehabilitation program;short-term debt;tax base;air transport;Fixed Assets;air service;commercial bank;deferred maintenance;cash shortfall;fiscal balance;joint ownership;net profit;national shipping;effective leadership;paved road;regulatory environment;long-term debt;road sector;transit route;freight railway;rainy season;government revenue;government equity;local sale;budget allocation;bilateral aid;block grant;capital expenditure;heavily dependent;debt-service obligation;operational practices;average cost;real value;freight transport;asset utilization;financial cost;transparent arrangement;market place;corporate tax;Population Density;private vehicle;spatial density;donor assistance;privileged access;head tax;regulatory constraint;financial reform;construction industry;domestic borrowing;large borrower;delinquent account;expenditure estimates;financial oversight;donor support;entry restriction;replacement cost;management policy;road spending;financial control;road condition;highway authority;commercial basis;managerial decision;capital value;international relations;transit traffic;local traffic;adjoining property;net impact;annual expenditure;financial transfer;direct grant;government regulation;government grant;equity contribution;working capital;parcel business;rolling stock;incremental improvement;airport facility;passenger fee;depreciation provisions;small corporation;airport land;soft loan;police department;air navigation;navigational aid;corporate investor;Voting shares;government involvement;local contractor;net payment;tour company;pooling arrangement;regional airline;international sale;sales revenue;operational performance;sound financial;foreign sale;public domain;rural area;rural employment;specialized agency;routine maintenance;financing program;Financing programmes;Exchange Rates;financing arrangement;excise tax;improve revenue;transport fuel;fuel tax;program budget;international transit;road tariff;national assets;government support;effective performance;regional airport;fleet utilization;vehicle utilization;account payable;commercial objectives;bus company;urban service;domestic service;fiscal revenue;financial situation;financial drain;Cash flow;zambian kwacha;agricultural output;stabilization program;financial loss;external indebtedness;inadequate maintenance;consumer good;consumer goods;increased spending;grant basis;agricultural product;traffic commissioner;commercial rates;external trade;transport network;commercial entity;passenger traffic;bulk traffic;surface area;long-term expenditure;mining industry;internal financing;financial datum;public money;taxation power;donor grant;recurrent budgets;



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