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...

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 discusses the Poverty Reduction Strategy Paper (PRSP) for Burundi. The PRSP comes two and a half years after the approval in January 2004 by the Executive Boards of the IMF and the World Bank of the Interim PRSP (I-PRSP). The PRSP is also the outgrowth of a long period of negotiations...

This paper presents the status report on Bangladesh’s Poverty Reduction Strategy Paper (PRSP). Having prepared the Interim-PRSP (I-PRSP) in March 2003, the government of Bangladesh has set itself to a well-rounded process of preparing the full-blown PRSP by December 2004. That would...

This poverty reduction strategy paper on Nicaragua shows that the main obstacles to poverty reduction are related to culture, historical, and structural factors, as well as weak public policy. The lack of proper physical infrastructure, the weaknesses in the energy matrix, the flaws in the...

This paper presents an overview of the Poverty Reduction and Growth Strategy Paper (PRGSP) for the Democratic Republic of the Congo (DRC). The process of preparing the final PRGSP was complicated and laborious, but the government insisted that it be carried out rigorously and systematically. The...

This paper examines the first annual report on the implementation of Madagascar’s Poverty Reduction Strategy Paper (PRSP). The report reviews the status of achievements on policy measures, action plans, as well as reforms concerning the Initiative for the Heavily Indebted Poor Countries...

This report summarizes the improved Intermediate Poverty Reduction Strategy Paper (PRSP) of Madagascar, and the new policy orientation of the government. This strategy is based on an objective analysis and precise criteria. It presents the general framework of intervention of the PRSP and an...

This report highlights progress made in implementing the Honduran Poverty Reduction Strategy (PRS) from the time of its approval by the Government of Honduras in August 2001 to the present. The report monitors the economic and social programs that were defined in the original document and which...

This paper reviews the Annual Progress Report for Rwanda’s Poverty Reduction Strategy Paper (PRSP). The performance of the Rwandan economy improved in 2004. GDP growth increased from 0.9 percent to 4.2 percent. The Government of Rwanda continued the implementation of its widespread...