THE World Bank, through the International Development Association, has approved approximately US$45 million in Development Policy Operation financing under the Second Zambia Climate and Economic Resilience Programmatic Development Policy Financing. In a statement issued by the Office of the Secretary to the Treasury, Sunday, the first pillar is expected to focus on strengthening fiscal management and economic resilience to enhance transparency and management of mineral revenues. “The World Bank, through the International Development Association, has approved approximately US$45 million Development Policy Operation (DPO) under the Second Zambia Climate and Economic Resilience Programmatic Development Policy Financing, reinforcing international support for Zambia’s ongoing macroeconomic reform programme and efforts to strengthen economic resilience. Development Policy Operations are budget-support instruments provided by the World...




