Zambia - Economic position and prospects

PIDP I ALiWY R E S TRESTRICTED UIIRUULMIIIIU COrP Report No. AE-8a TrA Dr DC'TIlDfhIrr TA nrrn%r,rni% .,-. IVJ UL 1KLIUMLI~(J IV Lr~tUK~I, Ut,)K This reoort was Drecared for use within the Rink and it, affilinteed nrnninzritirinn They do not accept responsibility for its accuracy or completeness. The report may not be published nor mriv it be quontped as representing their viaws INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT INTERNATIONAL DEVELOPMENT ASSOCIATION ECONOMIC POSITION AND PROSPECTS ZAMBIA June 24, i970 Eastern Africa Department  EIUIVALENTS Currency US $1 = Kwacha 0.714 or 71.4 ngwee Kwaoha 1 US $1.40 Kwaoha 1 - 100 ngwee WEIGHTS 1 Long Ton = 2,240 lbs. 1 Short Ton 2,000 lbs. 1 Long Ton 1.016 Metric Tons 1 Short Ton - 0.907 Metric Tons  THE MISSION This report is based on the findings of missions, which visited Zambia in Jiue-July 1969. and in Febraary 1970. The mission in June-July 1969 was composed of: Willem Maane - Chief of Mission and Chief Economist T:imothv P. Lankester - Enonomi-t. Donald J. Wood - Economist Charles P.R. Nottidgs - Advisor on Aariniilture Walter Schaefer-Kehnert - Advisor on Agricultture Donald H.F. Bickers - Advisor on Transnort F.D.To Reid - Advisor on Transport Itnatins A. Menezes - Advisor on Torri -m The mimsion in FAmhy1arv 1970 wim i-nmnnq=sd of : W-1ii Ma n - Chief' of MjiqqiQnn KenJi Takeuchi - Economist DrnnlA .TJ WanA _ F V,nnm4c+- Mesisrs. G-P-R- MR. + + A",& W. SAhaefer--Keher and D.J. W,ood were responsible for preparing the annex on agriculture.   ECONOMIC POSITION AND PROSPECTS OF ZAMI. Table of Contents ae No. BASIC DATA .o . . . ................... MAP a a a a a * . . . * * * * * * * 0 0 - 0 - e * SUAY ANDO{ DCONCLUSIONS I. ............. . i I. INTBOWCTION ................ . 1 Genera ....... , 0 ............... 1 Gove1rnmnt ObJCeti Ve and P ow tSa . - -a- 1 Zambianisation ..3..... .. .. .. . * . * C C 3 TeG copper p4rice ..........., ........... A YA '=,. "IW J6 A. E