Kenya’s Poverty Reduction Strategy Annual progress report highlights that sound macroeconomic management policies are finally beginning to yield results in terms of macroeconomic growth, which is the underpinning for future poverty reduction. A high degree of price stability has been...

This 2005 Article IV Consultation highlights that data for the first half of 2005 point to a widening fiscal deficit for Antigua and Barbuda. A combination of a reduction in capital spending and some improvement in revenues following a tightening of the concessions regime resulted in a closing...

This report describes the progress made in implementing the Poverty Reduction Strategy Paper for Sierra Leone covering the period 2005–07. Efforts to reform the public sector were not successful. Management and Functional Reviews were conducted for several ministries, departments, and...

This 2006 Article IV Consultation highlights that despite the closure of the sugar industry, economic growth in St. Kitts and Nevis has accelerated. In 2006, the economy is estimated to have recorded its third consecutive year of strong growth, projected at 4½ percent in 2006, with good...

This paper discusses key findings of the Third Annual Progress Report (APR) on the Poverty Reduction Strategy Paper (PRSP) for Guinea. The PRS implemented by the government since 2002 has the overall objective of reducing poverty significantly and sustainably, by increasing incomes and improving...

This paper presents key findings of the Fourth Review for the Gambia under the three-year arrangement under the Poverty Reduction and Growth Facility (PRGF). The Gambia remains at high risk of debt distress. Overall performance under the PRGF-supported program has been satisfactory, but downside...

This 2013 Article IV Consultation highlights that Montenegro’s recovery from the collapse of the lending boom in 2008 has been slowed by the debt overhang that remains in the private sector. Output contracted in 2012 because of unusually severe winter weather early in the year, as well as...