Guinea: Poverty Reduction Strategy Second Annual Progress Report

International Monetary Fund

No 2006/147, IMF Staff Country Reports from International Monetary Fund

Abstract: This paper presents key findings of the Annual Progress Report (APR) on the Poverty Reduction Strategy Paper (PRSP) for Guinea. Conditions for implementing the Poverty Reduction Strategy were particularly difficult in 2004, and were marked by: persistent insecurity in the subregion; low levels of investment in priority sectors; and falling prices for mining output, in particular for bauxite, the country's main export. The outcomes achieved during fiscal year 2004 are a reflection of this constraining environment. Under the circumstances, no progress was made in reconciling the central government budget with the PRSP objectives.

Keywords: ISCR; CR; government; national budget; private sector; budget deficit; Improve government expenditure management; public spending; justice system; excess demand; living standard; financial support; PRSP objective; public funds; tertiary sector; rising prices; PRSP indicator; Poverty reduction strategy; Sub-Saharan Africa (search for similar items in EconPapers)
Pages: 70
Date: 2006-04-26
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