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E-book

Title Zambia : poverty reduction strategy paper
Published Washington, D.C. : International Monetary Fund, 2007

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Description 1 online resource (xiv, 384 pages) : illustrations
Series IMF country report ; no. 07/276
IMF country report ; no. 07/276.
Contents Review of economic and social developments -- FNDP goals and strategies -- FNDP sectoral plans -- Government administration -- Public safety -- Cross-cutting issues -- Regional development -- Financing, implementation, monitoring and evaluation framework
Summary " ... The national long-term planning instrument entitled Vision 2030, prepared in consultation with line ministries, provinces, districts, the donor community and civil society, sets Zambia's the long-term vision. The Vision 2030 reflects the collective understanding, aspirations and determination of the Zambian people to be a 'prosperous middle-income country'. The Vision sets the horizon for developing the medium-term plans and provides the 'gravitational pull' to achieve long-term objectives. It outlines in broad terms, plausible courses of action to be taken towards the achievement of the country's long-term objectives and targets. It broadly reflects what Zambians aspire to be by 2030 and the options they feel will realistically get them there. The Vision will be operationalised through five-year medium term planning instruments, which are to contain specific policies, programmes and projects, predominantly targeted towards wealth creation and poverty reduction. The first of these plans is the Fifth National Development Plan (FNDP), which will be implemented from 2006 to 2010. The planning process of the FNDP integrated views from the Provincial and District Development Plans approved by the respective provincial and district level organs. The FNDP's goals are multi-pronged: Firstly, the Government recognises that wealth creation through sustained economic growth constitutes the most important element in poverty reduction and, consequently, a very high premium is being placed on growth-stimulating interventions; Secondly, the Government recognises that redistributive policies do matter for reducing poverty and that growth and equity are not necessarily in conflict. The Government maintains that there is no intrinsic trade-off between long run aggregate efficiency and overall equity, hence its resolve to approach poverty reduction through the 'broad-based growth' approach. It is in this context that the Government, together with civil society, has placed priority attention on those sectors that both maximise growth stimulation as well as on those, such as agriculture, education and health, that best address the plight of the poor; Thirdly, the Government maintains that the needed linkages between growth and poverty reduction can be developed in a sustainable way, but only through an approach that allows everyone to share the benefits of growth. Although, under the right circumstances, sustained growth does often result in poverty reduction, rising inequality adversely affects this and it is in this regard that the role of social protection is considered an important FNDP component. Notwithstanding this, empowering the poor to earn a decent living income is perceived to be a much more effective approach in addressing their plight than the often unsustainable subsidy programmes that tend to destroy the very financial and human resource bases that are expected to facilitate positive growth through productive investment; and, Fourthly, long periods of neglect in infrastructure maintenance due, in part, to the curtailment of development budgets in the interest of fiscal balance, have resulted in the country's characteristic deterioration of its transport networks. It is in this regard that, as one of its priorities in this Plan, the major transport arteries that connect the countryside to the market are focused upon to ensure basic minimum connectivity for moving poor people's income-yielding commodities over long distances. Under the banner of Broad-Based Wealth and Job Creation through Citizenry Participation and Technological Advancement as its theme, the Plan aims to target in the next five years both wealth creation and poverty reduction."--Introduction
Notes Cover title
Title on added title page: Fifth national development plan, 2006-2010 : based on wealth and job creation through citizenry participation and technological advancement
"Poverty Reduction Strategy Papers (PRSPs) are prepared by member countries in broad consultation with stakeholders and development partners, including the staffs of the World Bank and the IMF."
"August 2007."
Subject International Monetary Fund -- Zambia
SUBJECT International Monetary Fund fast
Subject Poverty -- Zambia
Economic history
Economic policy
Poverty
SUBJECT Zambia -- Economic conditions -- 1964- http://id.loc.gov/authorities/subjects/sh85149599
Zambia -- Economic policy
Subject Zambia
Form Electronic book
Author International Monetary Fund.
Zambia
ISBN 1452723486
9781452723488
Other Titles Fifth national development plan, 2006-2010 : based on wealth and job creation through citizenry participation and technological advancement