This paper reviews Mali’s Poverty Reduction Strategy Paper (PRSP) Annual Progress Report. At the level of public finances and indebtedness, in recognition of the significant progress made by the government in implementing reforms, Mali has become the 7th country to reach the completion...

To stimulate private sector credit expansions in Pakistan, the monetary policy has been accommodative while financial sector reforms have brought about a lowering of intermediation costs and bank spreads. Consequently, the weighted average lending rates have declined from 14.6 percent in June...

This paper presents the Joint Staff Assessment of Tanzania’s Poverty Reduction Strategy Paper (PRSP) Progress Report. Despite a drought, real economic growth is estimated to have been about 5 percent, sound macroeconomic management was maintained, and notable progress was made in the...

The attached Joint Staff Assessment (JSA) of the Poverty Reduction Strategy Paper (PRSP) on Djibouti reviews poverty reduction objectives and strategies. The authorities invested considerable effort in building national ownership of the PRSP by strengthening the institutional framework. The...

This paper presents a Joint Staff Assessment of the Poverty Reduction Strategy Paper Progress Report for Madagascar. The assessment reveals that following a strong noninflation growth performance in 2003, macroeconomic developments in 2004 have been affected by adverse exogenous shocks....

This paper examines the first annual report on the implementation of Madagascar’s Poverty Reduction Strategy Paper (PRSP). The report reviews the status of achievements on policy measures, action plans, as well as reforms concerning the Initiative for the Heavily Indebted Poor Countries...

This paper reviews Lesotho’s Poverty Reduction Strategy Paper (PRSP) Status Report. The main activities undertaken between July 2003 and June 2004 included a costing exercise that analyzed all of the proposed activities under each PRSP strategy and compiled indicative cost estimates. An...

This Joint Staff Assessment reviews the Poverty Reduction Strategy Paper (PRSP) Status Report for Lesotho. The report states that the authorities are in the final stages of completing the PRSP and expect to submit it to the Cabinet for approval by mid-October and to the Bank and the IMF by...

This paper discusses Bhutan’s Poverty Reduction Strategy Paper (PRSP). The Royal Government of Bhutan has initiated the PRSP process as part of broader ongoing efforts to combat poverty. The main objective of the PRSP process is to strengthen the strategic framework for poverty reduction,...

This paper reviews Guyana’s Poverty Reduction Strategy Paper (PRSP) Progress Report 2004. In spite of many challenges, the government made progress in implementing its Poverty Reduction Program. In particular, it pursued prudent macroeconomic policies, which improved economic fundamentals...