Economic Governance

Implications for poverty reduction of the increase in commodity revenues. Paper Prepared for the Copperbelt University Workshop on “Translating Commodity Price Boom Revenues into Development in Zambia”- 09 May 2008, Kitwe

Buget Commentaries

Analytical Paper on the 2008 NATIONAL BUDGET
Outlines the context in which the budget was prepared and the challenges facing Zambiac today. Analyses the budget in respect of how it has been conceptualized under the theme “Unlocking Resources for Economic Development and Wealth Creation.” Conclusions on the overall expected impact of the budget to the problem of not only poverty reduction but also integral human development in general and recommendations. February 2008

JCTR 2007 Budget commentries
Because the budget format places emphasis on inputs and not outcomes and impacts, measuring its impact on society and economic activities will be difficult... February 2007

Civil Society remarks on 2007 Budget presented by Mr. Emmanuel Mali at the JCTR/CSPR and CCJDP budget workshop for Members of Parliament whose theme is “towards a development- oriented budget” at Mulungushi conference centre; 24th February 2007

The 2007 proposed budget: will it fulfil gender equity?
A presentation by Lucy Muyoyeta at the budget workshop for Members of Parliament “towards a development oriented budget" - 24th February 2007

The Cost of meeting the MDGs in Zambia; PDF- "While the MDGs represent an ambitious set of targets, this paper argues that with renewed commitment, it is possible for the country to overcome the challenges and meet the MDGs. Currently, the government is in the process of formulating a National Development Plan (NDP)." October 2005

Debt, AID & Trade Programme

PRESS RELEASES & NEWS:

World Debt Day, 16 May 2008 Jubilee-Zambia/JCTR Announce “FINISH THE WORK” on Debt Campaign! Having Zambia’s debt cancelled was one of Jubilee-Zambia’s major goals from inception ten years ago and it was a moment of relief to see Zambia’s debt cancelled in the last three years. 14 May 2008

IMF advice for new energy borrowing risks creating a “moral hazard syndrome,” warns JCTR!  The visiting mission from the International Monetary Fund, proposed to the Zambian government a set of measures aimed at resolving the problems facing the energy sector.  They include “external borrowing” to assist the ailing energy sector particularly for investment in additional capacity. 26 March 2008

JCTR Launches Comprehensive Debt Management Proposals and Debt Resources Monitoring Manual
“Two years after attaining the HIPC initiative completion point, Zambia has not made significant achievements in reforming policies, institutions and laws which contributed to the rise of the debt”...
29 November 2007

"Government should provide credible information on Zambia’s external debt portfolio.” 03 October 2007

2 Years After Gleneagles Promises on Debt, Vulture Funds Undermining G8 Debt DealCampaigners demand immediate G8 action to declare Vulture Fund profiteering illegal 06 June 2007

The vulture fund finally bites Zambia and flies away, who next? Jubilee - Zambia statement on the vulture fund judgment requiring Zambia to pay US$ 15.5 million to Donegal Internationa l26 April 2007

Joint Statement on Economic Partnership Agreements on the EPA International Day Of Action,
All stakeholders, especially poor countries, are definitely concerned about the process and content of the negotiations 19 April 2007

“Stop bulldozing the EPA negotiation!” Jubilee and CSTNZ tell EU. Jubilee-Zambia and Civil Society Trade Network of Zambia have called on Peter Mandelson, the EU’s Trade Commissioner to stick to the rules of negotiating the Economic Partnership Agreements (EPAs) as provided for under Article 37.6 of the Cotononou Agreement. 21 March 2007

Oxfam and Jubilee Call for Action as Vulture swoops on Zambia’s Case Since qualifying for debt relief, Zambia has introduced free primary rural healthcare and announced plans to employ 4,500 teachers and 1,900 medical personal. If Donegal International wins this case, Zambia’s plans for poverty reduction will be severely undermined. 15 February 2007

“Jubilee – Zambia Shocked by government’s misappropriation of HIPC funds.” We are very worried that this trend may continue if government does not put in place strict monitoring and accountability measures on the use of debt relief money.
01 February 2007

Jubilee - Zambia reflects on 2006 national budget, calls for people centred 2007 budget. “Good intentions in the 2006 National budget have not translated into positive actions to uplift the living standards of the majority Zambians, who are poor,” December 2006

Jubilee-Zambia intensifies campaign on trade justice.While the Jubilee-Zambia is pleased that the large-scale debt cancellation has succeeded, it recognizes the necessity for Zambians to join hands again in unveiling the root causes of the past debt burden and campaign for their elimination unfair.
20 November 2006

The EPAs should result in tangible development outcomes for Zambia, says the JCTR. In view of Zambia’s goals embodied in the FNDP, Vision 2030 document, and the regional development initiatives, there are a number of emerging issues from the EPA negotiations, which have the potential of undermining these development programmes. October 2006

MDRI Debt Cancellation Welcome, But Not Yet 'Uhuru' for Zambia! The Heavily Indebted Poor Countries (HIPC) Initiative proved that both bilateral and multilateral debts can be reduced but the MDRI has gone further to demonstrate that multilateral debts, if accompanied by political will, can be completely written off. July 2006

Zambia after the HIPC 'Surgery" and the Completion Point. PDF- Is the picture on debt relief for Zambia really rosy? A critical analysis of the current debt relief measures reveals that debt cancellation is not automatic, even for the existing 18 post-Completion Point countries that would be required to go through some final and one-time checks. May 2006

Jubilee Zambia Brochure: jub-broch.pdf (487Bytes) May 2006

Zambia’s Trade Situation: Implications for Debt andPoverty Reduction. - "It is not easy to trace the direct impact of trade on poverty mainly because most of the links between the two are case specific. Trade will always create gainers and losers depending on the owners of the factors of production that are employed in the export sector.." September 2005

Human-needs based debt sustainability Analysis: A major challenge for Zambia - With the attainment of the HIPC Completion point in April this year, Zambia is now faced with a great challenge of comprehending the meaning of debt sustainability. August 2005