Cambodia: Fifth Review Under the Poverty Reduction and Growth Facility and Request for Waiver of a Performance Criterion
August 1, 2002
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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, and accelerating development. Performance during the first two years of the PRGF-supported program has generally been positive. Macroeconomic stability has been maintained with economic growth averaging 7 percent and low inflation. The macroeconomic program for 2002 concentrates on a continued reorientation of fiscal policy.
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
Pages:
73
Volume:
2002
DOI:
Issue:
156
Series:
Country Report No. 2002/156
Stock No:
1KHMEA0032002
ISBN:
9781451821765
ISSN:
1934-7685
