This Selected Issues paper highlights the Philippine growth performance led by the services sector. Average GDP growth is higher in the post-Asian crisis period in the Philippines, while the majority of the Philippines’s regional peers have experienced substantially lower growth in the...

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...

The NDP aims at transforming Côte d’Ivoire into an emerging market and halving the poverty rate. The framework for poverty reduction can be improved by developing a program of targeted interventions to support growth in key strategic sectors, public investment management, maintaining fiscal...

This paper focuses on the Poverty Reduction Strategy Paper (PRSP) and the Malawi Growth and Development Strategy (MGDS). The MGDS is the overarching strategy for Malawi from fiscal year 2006/07 to 2010/2011. The purpose of the MGDS is to serve as a single reference document for policymakers in...

This paper presents a Joint Staff Advisory Note on the Republic of Armenia’s Second Poverty Reduction Strategy Paper (PRSP). Armenia’s poverty and extreme poverty rates declined in 2006 to 26.5 percent and 4.1 percent of the population, respectively—results which surpassed...

From 2001, Togo has been engaged in the process of preparing its poverty reduction strategy paper (PRSP). As a result of the social and political crisis, Togo’s economy has been affected severely. To overcome this crisis, the government has been engaged in key reforms intended to restore...

This Selected Issues paper examines social spending reform and fiscal savings in Slovenia. Rising expenditure has been at the root of Slovenia’s fiscal deterioration since the onset of the crisis. The paper explores reform options to reduce Slovenia’s social spending over the...

Rwanda’s Economic Development and Poverty Reduction Strategy (EDPRS) covers the period 2008–12 and provides a medium-term framework for achieving the country’s long-term development aspirations as embodied in Rwanda Vision 2020, the seven-year Government of Rwanda (GoR)...

This paper discusses implementation of the Fifth National Development Plan (FNDP) in Zambia. The planning process of the FNDP integrated views from the Provincial and District Development Plans approved by the respective provincial and district level organs. The FNDP’s goals are...

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.