This paper reports on the economic and financial reforms in Guinea-Bissau. After a long period of recession since the beginning of 2000 followed by a slight recovery in 2007, the economy of Guinea-Bissau has entered a new growth spurt in 2008. The budget deficit, which averaged 10 percent of GDP...

The Poverty Reduction Strategy Papers (PRSPs) on the Republic of Madagascar explain the Madagascar Action Plan (MAP) to accelerate and better coordinate the development process. The National Leadership Institute of Madagascar (NLIM) was created in 2006 to provide cutting-edge training to build...

This paper discusses key findings of the Poverty Reduction Strategy Paper (PRSP) for Côte d’Ivoire. The paper reveals that poverty is more acute in rural areas than in urban areas of Côte d’Ivoire. The increase of poverty is greater in the city of Abidjan, with about a 50 percent increase,...

Ghana’s current socio-economic development agenda is to attain middle-income status. The emphasis is on changing the structure of the economy by developing the private sector, diversifying the export base, and increasing agricultural productivity and rural incomes. The importance is on...

Mauritania’s poverty reduction strategy paper is based on a broadly participatory process and serves as the policy framework for the country’s economic and social policies. The focus is to accelerate economic growth and stabilize the macroeconomic framework, which benefits the...

This paper describes the Kingdom of Lesotho’s Poverty Reduction Strategy Paper and National Strategic Development Plan (NSDP) 2012/13–2016/17. NSDP recognizes, as a point of departure, the need and urgency for Lesotho to radically transform its economy. To achieve the National...

This paper discusses implementation of the Poverty Reduction Strategy (PRS) in Liberia. Liberia’s PRS articulates the government’s overall vision and major strategies for moving toward rapid, inclusive, and sustainable growth and development during the period 2008–11. This...

This paper presents key findings of the assessment of progress made in the implementation of policies outlined in the Growth and Poverty Reduction Strategy (GPRS II, 2006–2009) for Ghana. The paper provides an assessment on programs such as the Multi Donor Budget Support, the linkage...

The economic performance has been positive as tight macroeconomic policies prevailed, helped by a remarkable revenue mobilization effort. None of the key indicator targets were met. Fiscal performance improved, but there was an increase in the overall fiscal deficit. Monetary policy was also...

This abstract discusses Benin’s poverty reduction strategy (PRS1). The PRS1 serves as both a strategic frame of reference and a framework for dialogue with technical and financial partners (TFPs). The six major phases involved in the preparation of the growth and poverty reduction...