The Growth and Poverty Reduction Strategy Paper III (GPRS-III) will provide a framework for the government’s economic, financial, and sectoral policies for the period 2012–17. All performance criteria (PC) and indicative targets through end-December were observed, except for the indicative target on priority spending, which was missed by a small margin. All measures subject to end-year structural benchmarks were observed except one, on which the authorities are making good progress. The authorities plan to continue implementing stability-oriented macroeconomic policies and growth-enhancing and poverty-reducing policies. The Millennium Development Goals (MDGs) were achieved.