| :: Zambia |
 In
recognition of the strategic importance of financial sector
development, the government of Zambia launched the Financial
Sector Development Plan (FSDP). The FSDP represents a
comprehensive strategy that has been formulated to address the
current weaknesses in the Zambian financial system, and its
limited role in the economy. FSDP aims to build a stable, sound
and market-based financial system that would support efficient
resource mobilisation necessary for economic diversification and
sustainable growth. It will also serve as a coordinating
framework for a number of parallel sub-sector strategies and
efforts aimed at modernising and deepening the Zambian financial
system. FinMark Trust has engaged in an arrangement with the UK Department for International Development (DFID) and the Swedish International Development Agency (Sida) to support the FSDP Secretariat which is undertaking a nationwide household survey on the use of, and demand for, financial services in Zambia. The survey design, instrument, sampling procedures, data structure and analysis will be adapted from the successful FinScope™ survey implemented in three Southern African countries: South Africa, Botswana and Namibia. The survey data will significantly improve understanding of financial markets in Zambia, inform policy and provide critical information to financial sector providers. It is intended to serve as a catalyst to an ongoing process of collection and dissemination of information on the demand for financial services. Field work was carried out in late 2005 and, following data capture and extensive analysis, the results were launched on 8 November 2006. For more information regarding the projects in Zambia, please contact:
Juliet Munro Tel:+260 211 212 103
Cell:+260 977 848
311
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