Cambodia: Fifth Review Under the Poverty Reduction and Growth Facility and Request for Waiver of a Performance Criterion
IMF Staff Country Reports, August 1, 2002
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- Cambodia: Fifth Review Under the Poverty Reduction and Growth Facility and Request for Waiver of a Performance Criterion
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Bibliographic details
- Published: August 1, 2002
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451821765.002
Summary
- This paper assesses Cambodia’s Fifth Review Under the Poverty Reduction and Growth Facility (PRGF) and a Request for Waiver of a Performance Criterion.
- Cambodia’s medium-term reform program supported by the PRGF is aimed at:
- sustaining economic growth with low inflation,
- reducing poverty,
- accelerating development.
- Performance during the first two years of the PRGF-supported program has generally been positive.
Macroeconomic performance and findings
- Macroeconomic stability has been maintained.
- Economic growth averaged 7 percent.
- Inflation remained low.
Program focus and 2002 priorities
- The macroeconomic program for 2002 concentrates on a continued reorientation of fiscal policy.
Subject areas and keywords (as listed)
- Subject: Banking, Budget planning and preparation, Civil service reform, Expenditure, Labor, Poverty, Poverty reduction, Poverty reduction strategy, Public financial management (PFM)
- Keywords: Budget planning and preparation, Civil service reform, CR, Global, government, government of Cambodia, ISCR, Poverty reduction, Poverty reduction strategy, PRGF loan, PRGF-supported program, reform, reform effort, state department, trade reform