Union of the Comoros: Poverty Reduction Strategy Paper: Joint Staff Advisory Note

International Monetary Fund

No 2010/189, IMF Staff Country Reports from International Monetary Fund

Abstract: Despite offering a more realistic macroeconomic outlook than the I-Poverty Reduction Strategy Paper (PRSP), the baseline scenario under the full Poverty Reduction and Growth Strategy Paper (PRGSP) is overly optimistic. The authorities estimate the cost of the five-year strategy at US$1.4 billion, nearly all to be funded with assistance from donors. The PRGSP rightly notes the adverse impact of real exchange rate appreciation on external viability. The PRGSP identifies three main sectors—agriculture, fisheries, and tourism—that have the potential to generate sustained economic growth. Comoros’s development goals and reform agenda under the full PRGSP are ambitious.

Keywords: ISCR; CR; PRGSP; development; government; policy; PRGSP framework; poverty reduction strategy paper; envisaged poverty reduction program; PRGSP scenario; health sector target; poverty diagnosis; education strategy; poverty reduction policy; PRGSP preparation process; diagnosis point; PRGSP process; poverty reduction policies in Comoros; Poverty reduction strategy; Poverty reduction; Sub-Saharan Africa (search for similar items in EconPapers)
Pages: 11
Date: 2010-07-06
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