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Cambodia: Fifth Review Under the Poverty Reduction and Growth Facility and Request for Waiver of a Performance Criterion

International Monetary Fund

No 2002/156, IMF Staff Country Reports from International Monetary Fund

Abstract: This paper assesses Cambodia’s Fifth Review Under the Poverty Reduction and Growth Facility (PRGF) and a Request for Waiver of a Performance Criterion. Cambodia’s medium-term reform program supported by the PRGF is aimed at sustaining economic growth with low inflation, reducing poverty, and accelerating development. Performance during the first two years of the PRGF-supported program has generally been positive. Macroeconomic stability has been maintained with economic growth averaging 7 percent and low inflation. The macroeconomic program for 2002 concentrates on a continued reorientation of fiscal policy.

Keywords: ISCR; CR; government; PRGF loan; reform effort; reform; trade reform; PRGF-supported program; government of Cambodia; state department; Poverty reduction strategy; Civil service reform; Poverty reduction; Budget planning and preparation; Global (search for similar items in EconPapers)
Pages: 73
Date: 2002-08-01
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