Zambia [electronic resource] : Second Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility and Request for Waiver and Modification of Performance Criteria, and Financing Assurances Review-Staff Report; Staff Statement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Zambia.

By: International Monetary FundMaterial type: TextTextSeries: IMF Staff Country Reports, Country Report ; No. 05/138Publication details: Washington, D.C. : International Monetary Fund, 2005Description: 1 online resource (79 p.)ISBN: 1451841264 :ISSN: 1934-7685Subject(s): Economic Growth | Economic Indicators | Fiscal Policy | Gross Domestic Product | Letters of Intent | Monetary PolicyAdditional physical formats: Print Version:: Zambia : Second Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility and Request for Waiver and Modification of Performance Criteria, and Financing Assurances Review-Staff Report; Staff Statement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for ZambiaOnline resources: IMF e-Library | IMF Book Store Abstract: This paper examines Zambia's Second Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility (PRGF) and a Request for Waiver and Modification of Performance Criteria (PC). Performance under the PRGF-supported program has been good, although there were delays in some structural measures. All but one of the PCs and all benchmarks under the quantitative program for December 2004 were observed. Two structural PCs were observed, and the third one, for end-February 2005, is now a prior action for the completion of the second review.
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This paper examines Zambia's Second Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility (PRGF) and a Request for Waiver and Modification of Performance Criteria (PC). Performance under the PRGF-supported program has been good, although there were delays in some structural measures. All but one of the PCs and all benchmarks under the quantitative program for December 2004 were observed. Two structural PCs were observed, and the third one, for end-February 2005, is now a prior action for the completion of the second review.

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