A new ODI report part of the continuous monitoring of the impact of the global slowdown on ten African countries drawn from the sample of nations classified by the IMF as particularly vulnerable. Zambia is on the list and the report is not kind to the Lusaka club :
"In Zambia, the government is continuing with ‘business as usual’; [and] the government has not responded urgently and definitively to the economic crisis. Policies in response to falling copper prices are concessions to the mining sector to reduce cost of production and increase profitability. These include: the government abolished the windfall tax and increased investment incentives."