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Social Science > Poverty and Homelessness

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Cover IMF Staff Country Reports
Democratic Republic of the Congo: Selected Issues
International Monetary Fund. African Dept.
This Selected Issues paper focuses on macro-critical issues related to governance and corruption in Democratic Republic of the Congo (DRC). Third-party indicators suggest that governance has been poor and corruption widespread in the country. Conducting an audit of the civil service and improving the transparency of its remuneration system, simplifying tax payment processes, and merging the activities of the numerous revenue agencies would boost public efficiency and improve the business environment. Contract enforcement and protection of property rights could be enhanced by insulating the courts from external influence. Limited information on the budget annexes and special accounts and little or no oversight by the central government, Parliament, and civil society, create scope for corruption. The multiplicity of special taxes and fees, some accruing to special accounts outside the Treasury, generate opportunities for corruption and informalization of economic activity. Despite some progress in strengthening public financial management, budget execution remains deficient. The government has formalized the four stages of the expenditure chain and introduced budget commitment plans to align expenditures with revenues.
Keywords:
ISCR; CR; Congo; country; government; DRC government expenditure; bank rating; natural resource; B. government strategy; resource sector; revenue agency; curse thesis; FBNBANK DRC; Mining sector; Natural resources; Budget planning and preparation; Corruption; Global; Southern Africa; Central Africa
Cover IMF Staff Country Reports
Democratic Republic of the Congo: Selected Issues
International Monetary Fund. African Dept.
This Selected Issues paper takes stock of poverty in the Democratic Republic of the Congo (DRC). Poverty has receded in the DRC over the last decade on the back of gradual stabilization in the security and political situation, strong economic growth, and sharp decline in inflationary pressures. Most social indicators also improved during the period. However, poverty remains pervasive with a level still among the highest in sub-Saharan Africa, and DRC will likely not achieve any of the Millennium Developments Goals by 2015. Policy actions should focus on fostering the development of labor-intensive sector, increasing social spending, and redirecting public resources to the poorest regions of the country.
Keywords:
ISCR; CR; Congo; budget; rate; export diversification; B. Benchmarking DRC; world development indicator; execution revenue gap; execution expenditure gap; Mining sector; Export diversification; Financial inclusion; Exports; Global; Africa; Sub-Saharan Africa; Southern Africa
Cover IMF Staff Country Reports
Guinée : Stratégie de réduction de la pauvreté – Note consultative conjointe
International Monetary Fund. African Dept.
Depuis plusieurs années, le FMI publie un nombre croissant de rapports et autres documents couvrant l'évolution et les tendances économiques et financières dans les pays membres. Chaque rapport, rédigé par une équipe des services du FMI à la suite d'entretiens avec des représentants des autorités, est publié avec l'accord du pays concerné.
Keywords:
ISCR; CR; staff; government; PRSP Priority Action Plan; revenue; fund staff
Cover IMF Staff Country Reports
Guinea: Poverty Reduction Strategy Paper—Joint Staff Advisory Note
International Monetary Fund. African Dept.
This paper presents a Joint Staff Advisory Note on Guinea’s Poverty Reduction Strategy Paper (PRSP). Baseline economic growth is projected to accelerate to 5.2 percent in 2014 and beyond, up from just under 4 percent in 2012. This projection is based on an acceleration of economic growth in the construction sector in response to massive investment outlays by mining companies. Private investment is projected to increase from 17.8 percent of GDP in 2012 to more than 40 percent in 2014. The PRSP proposes a sharp increase in funding for education as a share of total public expenditures over the PRSP period, while total fiscal resources also increase.
Keywords:
ISCR; CR; staff; government; PRSP Priority Action Plan; revenue; fund staff; health strategy objective; draft PRSP; government employee; private sector; democratically-elected government; PRSP period; authorities' effort; Poverty reduction; Mining sector; West Africa
Cover IMF Staff Country Reports
Guinée : Rapport de mise en œuvre de la stratégie de croissance et de réduction de la pauvreté
International Monetary Fund. African Dept.
Les documents de stratégie pour la réduction de la pauvreté (DSRP) sont établis par les pays membres en consultation étroite avec les parties prenantes et les partenaires au développement, y compris les services de la Banque mondiale et du FMI. Actualisés tous les trois ans avec les rapports d’avancement annuels, ces documents décrivent les politiques macroéconomiques, structurelles et sociales menées par le pays pour appuyer la croissance et la réduction de la pauvreté et ils font état des besoins en financement extérieur et des principales sources de financement. Ce document sur la Guinée, en date de mars 2012, est affiché sur le site Web du FMI, en accord avec le pays membre, à titre de service offert aux utilisateurs de ce site.
Keywords:
ISCR; CR; government; government contract; priority action plan; financial support; macroeconomic stabilization policy
Cover IMF Staff Country Reports
Guinée : Note consultative conjointe sur le Document de stratégie pour la réduction de la pauvreté 2011-12 et le rapport d'étape 2011
International Monetary Fund. African Dept.
La présente note consultative conjointe sur la mise en œuvre du document de stratégie pour la réduction de la pauvreté pour la Guinée, rédigée conjointement par les services de la Banque mondiale et du FMI, a été présentée avec le DSRP aux conseils d'administration des deux institutions. Cette note consultative conjointe a pour but d’offrir au pays membre des avis précis, francs et constructifs sur les progrès réalisés dans la mise en œuvre de la stratégie de réduction de la pauvreté.
Keywords:
ISCR; CR; authorities' EPRSP policy goal; government accountability; poverty alleviation policy; development partner; government increase health
Cover IMF Staff Country Reports
Guinea: Joint Staff Advisory Note on the Extended Poverty Reduction Strategy Paper 2011–12 and the 2011 Progress Report
International Monetary Fund. African Dept.
The attached Joint Staff Advisory Note (JSAN) on the Implementation of the Poverty Reduction Strategy Paper for Guinea, prepared jointly by the staffs of the World Bank and the IMF, was distributed with the member country’s Poverty Reduction Strategy Paper (PRSP) to the Executive Boards of the two institutions. The objective of the JSAN is to provide focused, frank, and constructive feedback to the country on progress in implementing its Poverty Reduction Strategy (PRS).
Keywords:
ISCR; CR; authorities' EPRSP policy goal; government accountability; poverty alleviation policy; development partner; government increase health; Poverty reduction strategy; Poverty reduction; Mining sector
Cover IMF Staff Country Reports
Guinea: Poverty Reduction Strategy Paper—Progress Report
International Monetary Fund. African Dept.
Poverty Reduction Strategy Papers (PRSPs) are prepared by member countries in broad consultation with stakeholders and development partners, including the staffs of the World Bank and the IMF. Updated every three years with annual progress reports, they describe the country’s macroeconomic, structural, and social policies in support of growth and poverty reduction, as well as associated external financing needs and major sources of financing. This country document for Guinea, dated May 2012 is being made available on the IMF website by agreement with the member country as a service to users of the IMF website.
Keywords:
ISCR; CR; government; government contract; priority action plan; financial support; macroeconomic stabilization policy; government reform; government program; community government; government procurement code; Mining sector; Global
Cover IMF Staff Country Reports
Sierra Leone: Poverty Reduction Strategy Paper Preparation Status Report
International Monetary Fund
This paper presents the status report on preparatory activities for the full Poverty Reduction Strategy Paper (PRSP) for Sierra Leone. The governance and institutional arrangements proposed in the interim PRSP (I-PRSP) for the preparation of the full PRSP have all been set up and are currently functioning. The I-PRSP focused on a small number of realistic and meaningful indicators and targets. However, these monitoring indicators will be expanded during the preparation of the full PRSP to include qualitative indicators, which will be identified during the Focus Group Discussions and Participatory Poverty Assessments Consultations.
Keywords:
ISCR; CR; PRSP process; PRSP design; preparation; governance; poverty database; baseline poverty data; full PRSP; Public expenditure review; Poverty reduction strategy; Mining sector
Cover IMF Staff Country Reports
Mali: Selected Issues and Statistical Annex
International Monetary Fund
This Selected Issues paper and Statistical Annex for Mali examines recent economic developments in Mali. The paper highlights that since the early 1990s, Mali has made appreciable progress in reducing macroeconomic imbalances and liberalizing the economy. This has been made possible by consolidating the government fiscal position, lowering inflation, dismantling public monopolies, abolishing price controls, liberalizing the trade regime, and allowing for a greater role for private sector initiative. However, the pace of the country’s development remains constrained by a low level of human capital, inadequate infrastructure, and high energy and telecommunications costs.
Keywords:
ISCR; CR; Malian authorities; CFA franc; private sector; trigger price; banking system; income tax; fiscal consolidation effort; economic growth; Agricultural commodities; Mining sector; Gold; Commercial banks; West Africa; Sub-Saharan Africa; Africa