Zambia’s economy has shown recovery in 2017, but stronger growth and better macroeconomic indicators have not resulted in better fiscal indicators, according to a new World Bank Economic Brief. The Brief, Reaping Richer Returns from Public Expenditure in Agriculture, says economic growth—which stood at 3.4% for 2016—is expected to increase to 4.1% for 2017, largely because of firmer copper prices and forecasts that point to a good 2017 harvest. The Brief notes that Zambia’s government has been making progress with its economic recovery plan “Zambia Plus,” progress that has included: the clearance of US$462 million in arrears; the removal of fuel subsidies; and reduced electricity subsidies.
Technology Partners: MimirTech
Links:
[1] http://admin.indiaenvironmentportal.org.in/reports-documents/zambia-economic-brief-reaping-richer-returns-public-expenditure-agriculture
[2] http://admin.indiaenvironmentportal.org.in/category/publisher/world-bank
[3] http://admin.indiaenvironmentportal.org.in/category/thesaurus/economy
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/economic-development
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/zambia
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/agriculture
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/africa
[8] http://admin.indiaenvironmentportal.org.in/category/thesaurus/subsidies
[9] http://admin.indiaenvironmentportal.org.in/category/thesaurus/gdp
[10] http://admin.indiaenvironmentportal.org.in/category/thesaurus/climate-impacts
