Zambia
- Authors:
- OECD
-
-
-
Pages
:
-
519–535
-
DOI
:
-
10.1787/aeo-2006-32-en
Hide /
Show
Abstract
A buoyant copper sector and strong growth in tourism and construction underpinned moderate growth in 2005. GDP growth of 4.5 per cent was, however, slower than expected, reflecting the drought experienced in many parts of the country, the high price of imported oil and fuel shortages, and a nonexpansionary fiscal policy. Stable fuel supplies, better rainfall and continuing investment in mining are expected to boost growth to 5 and 5.5 per cent in...