This paper examines Guinea-Bissau's Request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility (PRGF). Progress was made on the structural front, but the public enterprise restructuring and privatization program continues to experience delays. The new program focuses on...

In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country

This paper discusses key findings of the Fifth Review Under the Poverty Reduction and Growth Facility (PRGF) for Armenia. Fiscal policy has been prudent, but increasing expenditure pressures are creating medium-term fiscal risks. Tax collection still falls short of financing needs for...

This paper reviews the request from the São Tomé and Príncipe authorities for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility (PRGF). In 2004, the economy continued to grow at a moderate pace, but inflation increased to 15 percent by year-end, as bank credit to the...

This paper discusses United Republic of Tanzania’s Fourth Review Under the Poverty Reduction and Growth Facility and Request for Waiver of Performance Criteria. A principal challenge for monetary policy continues to be liquidity management in the face of high foreign aid inflows. A...

Niger’s GDP growth is projected to decline in 2009 to 3 percent from 9.5 percent in 2008 when agricultural production reached a record level. The staff report highlights Niger’s second review under the Poverty Reduction and Growth Facility and Request for Modification of Performance...

The 2006 Article IV Consultation on Rwanda highlights medium-term stimulating growth to reduce poverty. The government of Rwanda’s medium-term policies address the country’s challenges to increase growth and make headway toward the Millennium Development Goals. Executive Directors commended...

This paper discusses key findings of the Fifth Review Under the Poverty Reduction and Growth Facility (PRGF) for Niger. Growth prospects for 2007 are favorable, particularly because of strong agricultural production and buoyant investments. Inflation remains low. Growth prospects for the medium...

The staff report for the Second Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility highlights the Islamic Republic of Mauritania’s economic and financial policies. The basic non-oil fiscal balance was significantly higher than projected, owing mainly to...