The Poverty Reduction Strategy Paper (PRSP) has been developed for eradicating poverty in Armenia. It analyzes the poverty situation of Armenia, and evaluates the methodology and methodological issues. It discusses the PRSP goals, main policy directions, solution to poverty, and the reduction of...

The report provides the details of the assessment on Mongolia’s Poverty Reduction Strategy Paper. It describes the Economic Growth and Poverty Reduction Strategy (EGPRS), which presents main policy directions of the government with a focus on economic growth acceleration and poverty reduction...

Recent economic developments have been adversely affected by the severe drought. The mission and the authorities updated the macroeconomic framework for 2003/04 and the medium-term in light of recent developments and the latest World Economic Outlook (WEO) price projections. The fiscal strategy...

For the past two years, the Democratic Republic of Congo has made considerable progress in consolidating its peace process, stabilizing its economic situation, and creating the conditions for sustainable economic growth and poverty reduction. The macroeconomic and fiscal performances under the...

The Economic Development and Poverty Reduction Program (EDPRP) was developed with the active participation and support of society, executive authorities, nongovernment organizations, academia, businessmen, and donors. The study additionally provides coordinated mechanisms for bilateral and...

The paper provides an overview of recent economic and social developments in Cameroon. The state and the dynamics of poverty has been analyzed. The pillars of the short- and medium-term growth and poverty reduction strategy have been described. The paper provides a quantitative assessment and...

In the aftermath of adverse supply shocks, and with further measures to promote investment, growth of production and exports is expected to recover. Efforts to remove barriers to investment and ensure a reliable provision of electricity are critical to private-sector-led growth. External...

The Kyrgyz Republic has made good progress under the three-year Poverty Reduction Growth Facility arrangement. Executive Directors welcomed the strong macroeconomic performance and low inflation. They appreciated the fiscal consolidation by containing expenditure growth and improving tax...

This paper examines Lesotho’s Sixth Review Under the Poverty Reduction and Growth Facility (PRGF) and Request for Waiver of Nonobservance of Performance Criteria. Real GDP growth slowed to 31⁄4 percent in 2003/04 (April-March) owing to the adverse impact of drought on agricultural output and...

This paper reviews the Progress Report for Guinea’s Poverty Reduction Strategy Paper (PRSP). Several measures were taken at the institutional, technical, and human levels to improve the mobilization of fiscal resources. In the monetary area, the government continued to use indirect instruments...