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Article: Donors urge drugs cleanup. (Zambia)(includes related article)
- Article from:
- African Business
- Article date:
- February 1, 1994
- Author:
CopyrightCOPYRIGHT 1994 IC Publications Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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It was Paris Club season again in December. With pre-meeting accolades from the IMF for the encouraging policy performance in 1993, Zambia was confident of obtaining the $1.1bn it was seeking for project and commodity aid, debt relief and balance-of-payments support in 1994. It received just over $800m.
But the pledges were not without some tongue-lashing from the donors attending the World Bank-sponsored meeting of the Consultative Group for Zambia held in Paris 9-10 December. They described the country as the "Colombia of Africa" and warned that unless measures are taken to fight drug trafficking and corruption in high places (see AB December 1993 p28), future aid ...