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 Zambia

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 Zambia

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This paper examines Zambiaa€™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.Structural Conditionality Coverage of Structural Conditionality in the PRGF- Supported Program for 2005 The prior action, structural performance ... preparation (MTEF), execution, and reporting (publication of quarterly reports); piloting of an IFMIS and conducting a preliminary review of this pilot. a€c Debt management: quarterly validation of external debt data and updating of the debt- service schedule.


Title: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 Zambia
Author: International Monetary Fund
Publisher:International Monetary Fund - 2005-04-19
ISBN-13:

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