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Zambian exports in 2006. Zambia is a developing country, and it achieved middle-income status in 2011.Through the first decade of the 21st century, the economy of Zambia was one of the fastest-growing economies in Africa, and its capital, Lusaka, the fastest-growing city in the Southern African Development Community (SADC). [18]
In the following table, for each country/territory, IMF figures shows government's revenue, expenditure, and net lending (+)/ borrowing (-) as percentage of GDP and in current USD, calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms. [3]
a document titled Medium-term Expenditure Framework Statement - This is to set forth a three-year rolling target for prescribed expenditure indicators with specification of underlying assumptions and risk involved (vide Section 6 A of the Act amended in 2012). [12]
The Ministry of Commerce, Trade and Industry (MCTI) is a cabinet level government ministry of Zambia.It is responsible for the development of a globally competitive, sustainable, commercial, trade and industrial base in Zambia with the objective of contributing to social and economic development in the country. [1]
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Forward estimates are budget projections for revenue, expenses and financial position for the three years beyond the current (budgeted) fiscal year. The “forward estimates” system evolved in Australia from the late 1970s through the 1980s, [1] and is used at both the Federal and State levels.
on the securities exchange in Zambia with maturity of at least 3 years 0.0% 20.0% 20.0% Withholding tax on re-insurance including retrocession: 0.0% 20.0% 20.0% Withholding tax on winnings from gaming and betting 15.0% 20.0% 20.0%
Zambia has a diversity of potential sources of renewable energy, such as its abundant water resources for hydropower generation. Renewable energy development in the country is supported by a renewable energy strategy and a national climate change response strategy that promote low emissions, as well as the implementation of sustainable land ...