This paper reviews Azerbaijan’s State Program on Poverty Reduction and Economic Development 2003–2005 (SPPRED). The Poverty Reduction Program in Azerbaijan has attracted an extensive and high degree of interest, matching its complexity and scope. The main objective of the SPPRED is to define...

This paper evaluates Tajikistan’s 2002 Article IV Consultation and a Request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility (PRGF). Tajikistan’s previous IMF-supported program went off track in mid-2001 largely because of poor progress with structural reform and...

This paper evaluates Pakistan’s First Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility (PRGF) and a Request for Waiver and Modification of Performance Criteria. Developments in October 2001–January 2002 indicate satisfactory progress towards the...

This paper evaluates Niger’s Third Review Under the Poverty Reduction and Growth Facility (PRGF) Arrangement and Requests for Modification and Waiver of Performance Criteria. Performance under the program at end-December 2001 was broadly satisfactory, despite delays in foreign assistance...

This paper examines the Republic of Moldova’s 2002 Article IV Consultation, First Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, and a Request for Waiver of Performance Criteria. Moldova has followed sound macroeconomic policies, and most financial...

This paper evaluates the Kyrgyz Republic’s First Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility (PRGF). All quantitative performance criteria have been observed, and the program is on track. The end-March net international reserves target was exceeded...

This paper examines the Democratic Republic of the Congo’s Request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility (PRGF) and for the First Annual Program. The authorities requested a three-year PRGF arrangement in support of their program covering April 1,...

This paper assesses Pakistan’s Second Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility (PRGF) and Request for Waiver of Performance Criterion. Developments in the first months of 2002 indicate further progress toward the program’s macroeconomic...

Bolivia has a long track record of substantial progress in the areas of macroeconomic stability and structural adjustment; however, poverty remains widespread. Although there were significant delays and setbacks in the execution of the structural adjustment program, some important advances were...

Vietnam's economic recovery from the spillover effects of the Asian crisis has continued and the pace of policy reform has stepped up. The government's program seeks to build on this record and policy momentum. A cautious fiscal stance will ensure a sustainable public debt burden. The...