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Industrial relations. --- Personnel management --- Corporations --- Employment management --- Human resource management --- Human resources management --- Manpower utilization --- Personnel administration --- Management --- Public administration --- Employees --- Employment practices liability insurance --- Supervision of employees --- Capital and labor --- Employee-employer relations --- Employer-employee relations --- Labor and capital --- Labor-management relations --- Labor relations --- Labor market --- Wage-price policy --- Incomes policy --- Jawboning --- Price-wage policy --- Wage-price controls --- Wage-price guidelines --- Anti-inflationary policies --- Economic policy --- Market, Labor --- Supply and demand for labor --- Markets --- Supply and demand --- Zambia --- Sambia --- GRZ --- Government of the Republic of Zambia --- Republic of Zambia --- Zambië --- Republiek van Zambië --- Zambiya --- Замбія --- Zambii︠a︡ --- Рэспубліка Замбія --- Rėspublika Zambii︠a︡ --- Zambija --- Republika Zambija --- Замбия --- Република Замбия --- Republika Zambii︠a︡ --- Zambijská republika --- Gweriniaeth Zambia --- Republik Sambia --- Sambia Vabariik --- Ζάμπια --- Zampia --- Δημοκρατία της Ζάμπιας --- Dēmokratia tēs Zampias --- República de Zambia --- Zambio --- Zambia Respubliko --- Zambiako Errepublika --- République de Zambie --- An tSaimbia --- Poblacht na Saimbia --- Saimbia --- Yn Tambia --- Pobblaght ny Sambia --- Poblachd Shaimbia --- Tsan-pí-â --- Republica iti Zambia --- Republik Zambia --- Repubblica dello Zambia --- Republika ning Zambia --- Zambi --- Sambi --- Jamhuri ya Zambia --- Repubilika ya Zambia --- Zanbi --- Zambijas republika --- Zambijos Respublika --- Republiki ya Zambia --- Zambiai Köztársaság --- Замбија --- Bu̇gd Naĭramdakh Zambi Uls --- Tlācatlahtohcāyōtl Zambia --- ザンビア --- Zanbia --- Republikken Zambia --- Zambiya Respublikasi --- Republika Zambii --- República da Zâmbia --- Republica Zambia --- Республика Замбия --- Saambiya --- Sambian tasavalta --- Republiken Zambia --- Republika ng Zambia --- Zambiya Cumhuriyeti --- Saambi --- Republik bu Saambi --- 赞比亚 --- Zanbiya --- Northern Rhodesia --- Economic conditions --- E-books

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This Selected Issues paper assesses the sustainability of Zambia’s current fiscal policies and public debt. Large fiscal imbalances and rapid increase in government debt since 2011 have raised concern about the sustainability of fiscal policies in Zambia. Fueled by the rapid exchange rate depreciation in 2014–15 and the heavy reliance on external sources to finance the growing fiscal imbalances, public external debt doubled in 2015 compared with 2014. The institutional framework for the budget process and the Medium-Term Expenditure Framework need to be strengthened. Poor commitment controls, which led to significant accumulation of payment arrears, need to be addressed. A sound Medium-Term Debt Management Strategy is required to reduce public sector debt vulnerability.

Zambia. --- Sambia --- GRZ --- Government of the Republic of Zambia --- Republic of Zambia --- Zambië --- Republiek van Zambië --- Zambiya --- Замбія --- Zambii︠a︡ --- Рэспубліка Замбія --- Rėspublika Zambii︠a︡ --- Zambija --- Republika Zambija --- Замбия --- Република Замбия --- Republika Zambii︠a︡ --- Zambijská republika --- Gweriniaeth Zambia --- Republik Sambia --- Sambia Vabariik --- Ζάμπια --- Zampia --- Δημοκρατία της Ζάμπιας --- Dēmokratia tēs Zampias --- República de Zambia --- Zambio --- Zambia Respubliko --- Zambiako Errepublika --- République de Zambie --- An tSaimbia --- Poblacht na Saimbia --- Saimbia --- Yn Tambia --- Pobblaght ny Sambia --- Poblachd Shaimbia --- Tsan-pí-â --- Republica iti Zambia --- Republik Zambia --- Repubblica dello Zambia --- Republika ning Zambia --- Zambi --- Sambi --- Jamhuri ya Zambia --- Repubilika ya Zambia --- Zanbi --- Zambijas republika --- Zambijos Respublika --- Republiki ya Zambia --- Zambiai Köztársaság --- Замбија --- Bu̇gd Naĭramdakh Zambi Uls --- Tlācatlahtohcāyōtl Zambia --- ザンビア --- Zanbia --- Republikken Zambia --- Zambiya Respublikasi --- Republika Zambii --- República da Zâmbia --- Republica Zambia --- Республика Замбия --- Saambiya --- Sambian tasavalta --- Republiken Zambia --- Republika ng Zambia --- Zambiya Cumhuriyeti --- Saambi --- Republik bu Saambi --- 赞比亚 --- Zanbiya --- Northern Rhodesia --- Banks and Banking --- Finance: General --- Inflation --- Macroeconomics --- Public Finance --- Debt --- Debt Management --- Sovereign Debt --- Fiscal Policy --- Price Level --- Deflation --- Personal Income, Wealth, and Their Distributions --- Energy: Demand and Supply --- Prices --- National Government Expenditures and Welfare Programs --- Public finance & taxation --- Finance --- Energy industries & utilities --- Monetary economics --- Public debt --- Personal income --- Fiscal policy --- Energy subsidies --- National accounts --- Social protection spending --- Expenditure --- Debts, Public --- Income --- Expenditures, Public --- Zambia