World Bank (WB) president Robert Zoellick will visit Zambia to
assess the flood situation in an effort to establish what kind of
assistance the country needs to mitigate the impact of the
calamity, Zambia News and Information Services reported Friday.
Zoellick said his plans follows Zambian President Levy
Mwanawasa's request for assistance towards mitigating the
devastating effects of the floods.
The WB chief who attended the official opening of the 10th
summit of the African Union (AU) on Thursday in Addis Ababa told
Zambia News and Information Services (ZANIS) that when he leaves
Ethiopia, he would travel to Zambia to assess the flood
situation.
Zoellick said he looked to Zambia as a good partner and pledged
to help mobilize support in form of concessional loans to be given
free towards the country's economic development.
"Zambia has been disciplined in its fiscal management and its
debt record has been good," Zoellick said.
Zoellick said that Zambia was making good progress on its
economy but noted that the only challenge the country was faced
with was how to utilize resources to develop for the future.
(Xinhua News Agency February 2, 2008)
