The paper provides an overview of recent economic and social developments in Cameroon. The state and the dynamics of poverty has been analyzed. The pillars of the short- and medium-term growth and poverty reduction strategy have been described. The paper provides a quantitative assessment and...

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 reviews Madagascar’s progress under the Heavily Indebted Poor Countries (HIPC) Initiative. Total assistance to be provided to Madagascar under the HIPC Initiative amounts to US$836 million in net present value terms—US$22 million higher than the decision point estimate....

Bhutan has evolved from a closed economy to a trading nation that exhibits a high degree of dependence on trade. Exports have grown rapidly but overall the country’s trade deficit continues to widen owing to an even faster growth in the value of imports. The manufacturing and industry...

The report examines the annual report of Madagascar’s Poverty Reduction Strategy Paper. Madagascar’s economic situation has been characterized by steady growth estimated at 5.0 percent on average against an average annual demographic growth rate of 2.8 percent. However, the living...

The implementation of the Growth and Poverty Reduction Strategy Framework (GPRSF) first describes the characteristics of poverty in Burundi before proceeding to review progress made in terms of each strategic axis. The analysis of macroeconomic performance, including the real sector, inflation,...

This paper discusses implementation of the Poverty Reduction Strategy Paper (PRSP) in Mauritania. The second phase of the PRSP is accompanied by a Medium-Term Expenditure Framework (MTEF) for 2006–10. MTEF determines the overall cost of the action plan in terms of both current and capital...

In October 2006, the Chadian government prepared a second National Poverty Reduction Strategy (NPRS2). NPRS2 analyzed poverty in Chad, reviewed the results of the first NPRS and progress toward the Millennium Development Goals (MDGs), defined the strategic pillars of the second strategy,...

This Annual Progress Report reviews the Poverty Reduction Strategy Paper and Economic and Social Plan for 2007 for Mozambique. The report presents the new simplified structure adopted in the Review of the First Half of 2007. In the international context, the evolution of the international...

This annual progress report reviews Burkina Faso’s Poverty Reduction Strategy Papers (PRSPs). The regional integration dynamics was considered as an action variable that allowed Burkina Faso to better insert itself into the global economy. The major quantitative objectives of the revised...