The IMF Country Reports Series covers economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with officials of the country, is published at the option of the member.
This paper presents the Joint Staff Assessment of the State Program on Poverty Reduction and Economic Development 2003-2005 (SPPRED)-the first full Poverty Reduction Strategy Paper (PRSP) of Azerbaijan. The SPPRED represents a joint effort between the government and civil society in the country. There remain areas where progress needs to be made during the implementation and subsequent updates of the SPPRED. The poverty analysis has improved compared with the Interim Poverty Reduction Strategy Paper (I-PRSP).