Zambia Country Program Evaluation FY04-13
From 2004 to 2012, Zambia experienced a
combination of good economic policies and high rates of
growth not seen since the early years after its
independence. While growth was mainly driven by rising
copper prices, other factors contributed to Zambia’s ability
to take advantage of this growth. The international debt
relief programs in 2004-2005 almost eliminated public debt
and provided the fiscal space for selective, high-priority