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This paper assesses Ghana’s 2003 Article IV Consultation, and Requests for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility (PRGF) and for Additional Interim Assistance Under the Enhanced Initiative for Heavily Indebted Poor Countries (HIPC). Program implementation...
Persistent link: https://www.econbiz.de/10005598993
The government has fully complied with all the elements of the fourth floating completion point condition, which calls for the implementation of reforms to develop human capital and social protection. Investment in human capital development represents the second pillar of Nicaragua’s...
Persistent link: https://www.econbiz.de/10005825024
The staff report for the Sixth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility on the Kyrgyz Republic highlights the economic developments and policies. To ensure that the external debt ratios fall, the program introduces a new indicative target for...
Persistent link: https://www.econbiz.de/10005825481
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...
Persistent link: https://www.econbiz.de/10005768599
Bangladesh is reducing poverty and making headway toward meeting its MDGs. However, political considerations are exerting an increasing influence on economic policy decisions. The overall fiscal balance has been kept below budget and program targets, notwithstanding sizable revenue slippages....
Persistent link: https://www.econbiz.de/10011245712
Albania’s macroeconomic performance over the past year has been good, with strong growth and a significant reduction in poverty under the Poverty Reduction and Growth Facility Arrangement. Executive Directors commended the new strategy for maintaining the macroeconomic stability,...
Persistent link: https://www.econbiz.de/10011245430
The Gambia showed good economic performance under the Poverty Reduction and Growth Facility (PRGF) Arrangement. Executive Directors commended the reforms in the financial sector, the substantial reduction and rationalization of external tariffs, and the settlement of the property dispute with...
Persistent link: https://www.econbiz.de/10005598828
This paper examines Zambia’s Second Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility (PRGF) and a Request for Waiver and Modification of Performance Criteria (PC). Performance under the PRGF-supported program has been good, although there were delays...
Persistent link: https://www.econbiz.de/10005768422
This paper discusses a Request from Albania for a Three-Year Arrangement under the Poverty Reduction and Growth Facility (PRGF). This arrangement aims to prepare Albania for graduation from IMF-supported programs. If properly implemented, the policies it embodies will reduce vulnerabilities,...
Persistent link: https://www.econbiz.de/10005598907
Performance under the Poverty Reduction and Growth Facility-supported program has been good. All quantitative performance criteria have been met. The economy has coped well with unfavorable external price developments. A substantial reform of the mechanism for determining cotton producer prices...
Persistent link: https://www.econbiz.de/10011244922