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Saturday, 19 May 2007

Zambia Economic Outlook 2007

OECD's belated assessment of Zambia's economic outlook for 2007.

The OECD commentary is more wide ranging compared to what we normally get from other institutions, as it covers social and political developments as well. So it is not strange to find statements such as "Zambia's local councils are among the least funded in Africa at about 2% of the national budget compared to the average of 15%" .

Its therefore interesting to read their "outside" assessment of the new constitution debate: "the drafting of a new constitution faces continue delays because of weak political will and lack of funding....Zambians are unlikely to have their long awated constitution before the end of the current Government in 2011".

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