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International Monetary Fund. External Relations Dept.

Following are edited excerpts of an address given by IMF First Deputy Managing Director Stanley Fischer at the France-Africa Summit in Yaoundé, Cameroon, on January 19. The full text is available on the IMF’s website (

Mr. Sanjeev Gupta, Brian Hammond, Richard Leete, and Eric Swanson

This paper describes the need to broaden the agenda for poverty reduction. The broadening of the agenda follows from a growing understanding that poverty is more than low income, a lack of education, and poor health. The poor are frequently powerless to influence the social and economic factors that determine their well being. The paper highlights that a broader definition of poverty requires a broader set of actions to fight it and increases the challenge of measuring poverty and comparing achievement across countries and over time.

Mead Over

The AIDS epidemic is straining the limited resources available to many developing country governments. How can governments provide support to those affected by AIDS without neglecting others in need or abandoning important development goals?