International Trade in Zambia

International Trade in Zambia

Zambia experienced an accelerated growth during the past recent years, due to the progress and stability of its macro-economics and the multiplication in raw materials prices. In addition, the country had its debt canceled since it benefited from the initiative for the Heavily Indebted... Read more

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Market Analyses About Zambia (7)

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  • we are import and export agents we work with global companies that are looking for market in zambia and the comesa market compriseing of...
  • Zhujiang Cable Co.,Ltd.

    Zhujiang Cable Co.,Ltd.

    Wholesalers, Zambia

    Guangzhou Zhujiang Cable Co.,Ltd, China Top Ten manufacture in cable industry field since 1991, annual output value is about...

Overview About International Trade in Zambia

Economic Overview

Zambia experienced an accelerated growth during the past recent years, due to the progress and stability of its macro-economics and the multiplication in raw materials prices. In addition, the country had its debt canceled since it benefited from the initiative for the Heavily Indebted Poor Countries (HIPC). In spite of the global financial crisis, Zambia's economy has continued to grow 6.3% in 2009 and 6.6% in 2010, thanks to the rise in the price of copper and the dynamism of the sector. 

Zambia benefits from the support of the IMF as part of The Poverty Reduction and Growth Facility (PRGF). This program targets social, economic and environmental sectors. The main challenge on a mid-term period is to create a fiscal margin that allows high-priority expenditures, diversification of the economy and poverty reduction.   

Even though, the country's growth has been high, it was not sufficient to significantly reduce poverty, which keeps Zambia in the LDC category. The country has to face the HIV/AIDS pandemic, a poor education system and the extreme poverty that affects one-third of its population, 60% of its inhabitants live below the poverty threshold.

 

FDI in Figure...

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