August 2007 Monitoring Debt Resources: The Case of Zambia
Abstract
The achievements made so far in the campaign for debt cancellation need to be complemented by prudent management and utilization of debt resources in the post HIPC era. In order to facilitate transparency and accountability in the utilization of debt resources, the debt and trade project of the JCTR has focused its energies on enhancing the participation of local communities and other stakeholders in monitoring of debt resources. This can only be adequately and effectively done if the current challenges faced in governing and administering debt resources are well understood. Therefore, as a precursor to a Debt Resources Monitoring Manual, this study outlines the current practices in monitoring debt resources. It does not only offer key policy suggestions but also points to the key gaps in monitoring debt resources. Therefore, the two documents namely (1) Monitoring Debt Resources in Zambia: A Review of Current procedures and Practices and (2) Debt Resources Monitoring Manual: A Stakeholders' tool for monitoring Debt Resources in Zambia are "hand in glove." The two are mutually beneficial to Stakeholders as tools for monitoring debt resources and are aimed at responding to particular challenges which are well outlined in this study.
Description
The mission of the JCTR broadly stated is to foster from a faith inspired perspective a critical understanding of current issues. Guided by the Church's Social Teaching that emphasizes human dignity in community, our mission is to generate activities for the promotion of the fullness of human life through research, education, advocacy and consultation. Cooperating widely with other groups, our Jesuit sponsorship directs us to a special concern for the poor and assures an international linkage to our efforts. We aim to promote an enculturated faith, gender equality and empowerment of local communities in the work of justice and peace and the integrity of creation.