Zambia : The Enterprise Development Project
The Enterprise Development Project (EDP) - 1998-2003 - was designed to support, with a credit of US$ 45 million, Zambia's Economic Reform Program that began in 1991. One of the key aspects of this reform program was to dismantle traditional st...
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| Format: | Brief |
| Language: | English |
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World Bank, Washington, DC
2012
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| Online Access: | http://documents.worldbank.org/curated/en/2007/03/7503910/zambia-enterprise-development-project http://hdl.handle.net/10986/9578 |
| Summary: | The Enterprise Development Project (EDP)
- 1998-2003 - was designed to support, with a credit of US$
45 million, Zambia's Economic Reform Program that began
in 1991. One of the key aspects of this reform program was
to dismantle traditional state-supported enterprise
development mechanisms and replace these with
market-determined enterprise development structures. Three
specific objectives were identified : (i) enhancing Zambian
firms' technical know-how by providing demand-driven
assistance to Zambian firms in the form of matching grants;
(ii) enhancing Zambian firms' access to finance by
providing a long-term credit facility for investments and a
short-term credit line for exporters; and (iii)
strengthening the financial system and availability of
information resources in Zambia by providing technical
assistance to help strengthen the institutional
underpinnings of the financial system at the wholesale,
retail and regulatory levels. |
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