This paper examines the Annual Progress Report (APR) on Rwanda’s Poverty Reduction Strategy Paper (PRSP). The 2004 APR is an important progress marker in Rwanda’s long-term vision to reduce the proportion of Rwandans living below the poverty line from 60 percent to 25 percent and...

This paper analyzes key findings of the second progress report on Malawi’s Poverty Reduction Strategy Paper (PRSP). The second progress report has focused on assessing inputs, outputs, and to some extent outcomes of the implementation of the strategy. In terms of inputs, this report...

Rwanda’s Second and Third Reviews Under the Poverty Reduction and Growth Facility, and Request for Waiver of Performance Criteria are discussed. After an extended period characterized by a strong expansion of economic activity, real GDP growth is estimated by the IMF staff to have slowed...

Nepal has a well-established process for preparing periodic development plans, having prepared nine such plans earlier. Typically, the preparation of the new plan starts with the mid-term review of the ongoing plan, which serves as a base for the Approach Paper for the new plan. The Approach...

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...

The Poverty Reduction Strategy Papers (PRSPs) on Burkina Faso focus on recapitulation of major long-term development. To improve the identification and targeting of the major public actions that contribute to combating poverty, the government has decided to prepare a Priority Action Program...

This paper on the United Republic of Tanzania’s Poverty Reduction Strategy reports that increases in investments in infrastructure such as roads, telecommunications, mining, and tourism have been recorded owing to increased inflows of foreign direct investments and domestic revenue...

The Poverty Reduction Strategy (PRS) of the Republic of Tajikistan for 2010–12 aims to serve as a medium-term program for the implementation of the National Development Strategy up to 2015. It will determine the major socioeconomic development of the country during this period, taking...

This paper focuses on Senegal’s second poverty reduction strategy paper (PRSP–II). It summarizes the results of the participatory PRSP review process prior to final validation and adoption by the government. As an economic and social policy document for growth and poverty reduction...

Following an evaluation of the first Poverty Reduction Strategy Framework (PRSF) of Mali, the government adopted the Growth and Poverty Reduction Strategy Framework (GPRSF) document, which aims at reducing poverty and achieving the MDGs. The Accelerated Growth Strategy, which maintains...