The Poverty Reduction Strategy (PRS) of the Republic of Tajikistan for 2010–12 aims to serve as a medium-term program for the implementation of the National Development Strategy up to 2015. It will determine the major socioeconomic development of the country during this period, taking...

This is the third Annual Progress Report on the implementation of the Ghana Poverty Reduction Strategy (GPRS). Both the budget and the GPRS propose to tackle issues including reduction in the domestic debt, reduction of inflation to single digits, increasing revenue mobilization, curtailing...

This paper discusses the Poverty Reduction Strategy Paper (PRSP) for Burundi. The PRSP comes two and a half years after the approval in January 2004 by the Executive Boards of the IMF and the World Bank of the Interim PRSP (I-PRSP). The PRSP is also the outgrowth of a long period of negotiations...

The Poverty Reduction Strategy Paper for Togo builds on the strategy laid out in the Interim Strategy for Poverty Reduction (I-PRSP). Owing to circumstances largely beyond the control of the authorities, the results obtained under the implementation of the I-PRSP have been below expectations....

This Joint Staff Advisory Note presents key findings of the Poverty Reduction Strategy Paper Annual Progress Report for the Republic of Mozambique. The government of Mozambique is committed to its medium-term fiscal strategy to make room for private sector credit by avoiding recourse to domestic...

The new generation Poverty Reduction Strategy Paper (PRSP) describes the policies and programs that the country intends to implement at the macroeconomic, structural, and social levels. In this study, the new generation PRSP was prepared. The low level of poverty reduction is owed to poor...

This 2008 Article IV Consultation discusses that Lesotho has made significant progress in macroeconomic performance, but the pace of implementation of key structural reforms has been slow. After a decade of low growth, economic activity surged above historic trends, averaging 6.6 percent during...

This 2007 Article IV Consultation highlights that the Chilean economy is enjoying a broad-based upswing, fueled by a strong global environment and buoyant domestic demand. Underpinned by supportive fiscal and monetary policies, GDP growth is expected to reach 5¾ percent in 2007, above the...

Bhutan has evolved from a closed economy to a trading nation that exhibits a high degree of dependence on trade. Exports have grown rapidly but overall the country’s trade deficit continues to widen owing to an even faster growth in the value of imports. The manufacturing and industry...

This Joint Staff Advisory Note discusses the Poverty Reduction Strategy Paper (PRSP) for the Democratic Republic of São Tomé and Príncipe. The PRSP-II is the successor to the government’s previous development strategy, the PRSP-I, and furthers the country’s commitment to promoting...