This Joint Staff Advisory Note focuses on the Poverty Reduction Strategy Paper for Rwanda. Rwanda’s second Economic Development and Poverty Reduction Strategy (EDPRS 2) covers FY2013/14–2017/18. It builds on the lessons learned in the implementation of the EDPRS 1. Among the...

Mauritania’s third poverty reduction strategy paper provides a framework for an ambitious growth and poverty reduction agenda. The updated development perspective and principal objectives reflect the new economic and political realities to sustainably reduce poverty. Successful program...

The overarching objective of Bhutan’s Tenth Five-Year Plan (10FYP)—which is also the Royal Government of Bhutan’s Poverty Reduction Strategy Paper (PRSP)—is to sustain this trajectory and reduce poverty further. Political stability, prudent economic management, and...

Rwanda’s second Poverty Reduction Strategy Paper, the Economic Development and Poverty Reduction Strategy (EDPRS), builds on the strong achievements in human capital development and promotes three flagship areas to mobilize resources and improve policy implementation and coordination...

This paper discusses key findings of the Detailed Assessments of the Observance of Standards and Codes for Banking Supervision, Insurance Supervision, and Securities Regulation for Panama. The International Organization of Securities Commissions (IOSCO) assessment considered the securities...

Guyana continues to make progress in laying the foundation for poverty reduction, but at a slow pace. Critical issues remain to be addressed. Establishing an environment for sustained growth remains the main challenge for the government. It will be important to maintain the reform momentum and...

This Joint Staff Advisory Note focuses on the Poverty Reduction Strategy Paper (PRSP) Progress Report for Bhutan. Bhutan’s PRSP aims to galvanize the poverty reduction efforts of the Royal Government of Bhutan, building on past achievements. It targets an average growth rate of 8¼...

The paper discusses the Joint Staff Assessment (JSA) of the Poverty Reduction Strategy Paper (PRSP) Progress Report for Honduras. The first PRSP Progress Report of the Government of Honduras presents a complete review of the government’s implementation of the PRSP to date and updates the...

The terrorist attacks that have occurred in the past few years around the world have raised international awareness of the danger of terrorism and its complex repercussions on the financial markets. This paper explores the ways in which financial markets reacted to the attacks and the...

The current government has succeeded in reorienting economic policies after a series of shocks and an initial weak policy response. Revised real GDP growth targets are feasible with sustained prudent macroeconomic policies and institutional reforms. The medium-term macroeconomic framework...