This Joint Staff Advisory Note (JSAN) of the Poverty Reduction Strategy Paper (PARPA) for the Republic of Mozambique highlights the poverty situation and macroeconomic and fiscal frameworks. The strategy to consolidate macroeconomic stability and accelerate the second wave of reforms in PARPA II...

The Joint Staff Advisory Note on the Republic of Madagascar’s Poverty Reduction Strategy Paper (PRSP) is analyzed. The government of Madagascar has prepared its second growth and poverty reduction strategy called the Madagascar Action Plan (MAP), a bold development plan for...

This paper discusses key findings of the annual progress report on implementing the National Economic Empowerment and Development Strategy (NEEDS)—Nigeria’s Poverty Reduction Strategy Paper. The progress report highlights key accomplishments and shortcomings as well as outstanding...

This Joint Staff Advisory Note discusses the Interim Poverty Reduction Strategy Paper (I-PRSP) for Liberia. The I-PRSP traces the roots of conflict to Liberia’s exclusion and marginalization of much of the population, and lays out a broad vision and program for July 2006–June 2008....

This 2006 Article IV Consultation highlights that real GDP in the Federated States of Micronesia grew by only 1½ percent in FY2005 and declined by nearly 1 percent in FY2006. The underlying fiscal situation has deteriorated, despite a decline in the overall deficit. Executive Directors have...

This Joint Staff Advisory Note discusses the Poverty Reduction Strategy Paper (PRSP) for The Gambia. The Gambian authorities have prepared their second PRSP covering the years 2007 to 2011. The PRSP supports greater decentralization and expansion of social development funds to better target...

This Joint Staff Advisory Note provides IMF staff advice on key priorities for strengthening Bangladesh’s poverty reduction strategy (PRS) and for ensuring its effective implementation. It highlights key strengths of the PRS while bringing out some weaknesses of existing policies that may...

This Joint Staff Advisory Note discusses key findings of the Implementation Report for 2003 and 2004 of the Poverty Reduction Strategy Paper for Mali. With real GDP growth averaging 5 percent over the period 2003–05, Mali’s growth performance has improved over the preceding three...

This report focuses on IMF Technical Assistance Evaluation—Public Expenditure Management (PEM) Reform in Selected African Countries. Most of the countries examined were colonies of the United Kingdom, inheriting similar and relatively simple budget systems based on an interpretation of...

Nicaragua’s Poverty Reduction Strategy Paper discusses several strategic policies for boosting medium-term economic growth. The role of the private sector as the main engine of growth through the stimulation of investment and exports is underscored. It also emphasizes the objective of...