This paper examines the nature of aid projections in IMF programs with low-income countries. On average, IMF projections of net aid increased sharply in the first year of programs but tapered off in subsequent years. Projections were also significantly more optimistic in countries with low...

This paper provides an initial comprehensive framework for Afghanistan to build institutions, sustain growth, and reduce poverty. First, macroeconomic, political, and security risks were identified. As the interim strategy presents a very ambitious five-year framework, there is an urgent need...

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...

The objective of this paper is to present some early experiences of poverty and social impact analysis (PSIA) from the PRGF-supported programs in the African Department. The paper illustrates that many staff country reports have taken a first step toward PSIA by making more explicit the links...