Issues in prices and incomes policy in Zambia

This paper presents some preliminary findings and views on wage and price policy issues facing the Prices and Incomes Commission (PIC). Following indications by the Chairman of the PIC that he would welcome assistance from the World Bank, a mission visited Zambia in May - June 1983. The paper covers recommendations of the Turner report, the Prices and Incomes Commission Act of 1981 established the Prices and Incomes Commission and provided it with a very broad general mandate along with some quite specific responsibilities and powers. Its principal functions are to recommend policy actions to the government and to report on their implementation.