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© 2004 International Monetary Fund
May 2004
IMF Country Report No. 04/117
Serbia and Montenegro: Joint Staff Assessment of the Poverty Reduction Strategy Paper
The attached Joint Staff Assessment (JSA) of the Poverty Reduction Strategy Paper Progress Report for Serbia and Montenegro, prepared by the staffs of both the World Bank and IMF, was submitted with the member country’s Poverty Reduction Strategy Paper (PRSP) or Interim PRSP (IPRSP) to the Executive Boards of the two institutions. A JSA evaluates the strengths and weaknesses of a country’s poverty reduction objectives and strategies, and considers whether the PRSP or IPRSP provides a sound basis for concessional assistance from the Bank and Fund, as well as for debt relief under the Enhanced Heavily Indebted Poor Countries (HIPC) Debt Initiative. The Boards then decide whether the poverty reduction strategy merits such support.
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THE INTERNATIONAL MONETARY FUND AND INTERNATIONAL DEVELOPMENT ASSOCIATION
SERBIA AND MONTENEGRO
Joint Staff Assessment of the Poverty Reduction Strategy Paper
Prepared by the Staffs of the International Monetary Fund and the International Development Association
Approved by Carlo Cottarelli and G. Russell Kincaid (IMF) and Shigeo Katsu and Gobind Nankani (IDA)
February 18, 2004