Diplomatic representation in the US: chief of mission: Ambassador Inonge MBIKUSITA-LEWANIKA chancery: 2419 Massachusetts Avenue NW, Washington, DC 20008 telephone: [1] (202) 265-9717 through 9719 FAX: [1] (202) 332-0826
Diplomatic representation from the US: chief of mission: Ambassador Martin George BRENNAN embassy: corner of Independence and United Nations Avenues mailing address: P. O. Box 31617, Lusaka telephone: [260] (1) 250-955 FAX: [260] (1) 252-225
Flag description:
green with a panel of three vertical bands of red (hoist side),
black, and orange below a soaring orange eagle, on the outer edge of
the flag
Economy Zambia
Economy - overview:
Despite progress in privatization and budgetary reform, Zambia's
economic growth remains somewhat below the 5% to 7% needed to reduce
poverty significantly. Privatization of government-owned copper
mines relieved the government from covering mammoth losses generated
by the industry and greatly improved the chances for copper mining
to return to profitability and spur economic growth. Copper output
increased in 2004 and is expected to increase again in 2005, due to
higher copper prices and the opening of new mines. The maize harvest
was again good in 2004, helping boost GDP and agricultural exports.
Cooperation continues with international bodies on programs to
reduce poverty, including a new lending arrangement with the IMF in
the second quarter, 2004. A tighter monetary policy will help cut
inflation, but Zambia still has a serious problem with fiscal
discipline.
GDP (purchasing power parity):
$9.409 billion (2004 est.)
GDP - real growth rate:
4.6% (2004 est.)
GDP - per capita:
purchasing power parity - $900 (2004 est.)
GDP - composition by sector: agriculture: 14.9% industry: 28.9% services: 56.1% (2004 est.)
Labor force:
4.63 million (2004 est.)