Zambia: Technical Assistance Report-Strengthening Cash Forecasting
Zambia: Technical Assistance Report-Strengthening Cash Forecasting
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Volume/Issue:
Volume 2025
Issue 061
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Public Finance , Zambia , capacity development , cash forecasting , cash management , cash plan , CFAT , TSA , , cash flow forecasting processes , FAD expert , IMF's Fiscal Affairs Department , mission agenda , cash management process , TSA payment account , Government cash forecasting , Government cash management , Treasury Single Account , Fiscal accounting and reporting
Summary
Effective cash management is essential for enhancing fiscal discipline in Zambia, yet it faces significant challenges. With programmatic capacity development support from the IMF the authorities are making progress in improving institutional arrangements and strengthening capacity and technical tools for cashflow forecasting. The IMF’s cashflow forecasting assessment tool (CFAT) has been adopted to produce a comprehensive annual cash flow plan. Alongside with strengthening forecasting practices and data reliability, consolidating government accounts will be critical for effective cash management.
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