Guinea-Bissau: Poverty Reduction Strategy Paper-Second Annual Progress Report-Joint Staff Advisory Note

IMF Staff Country Reports, December 22, 2010

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Review period: July 2009–10.
The Joint Staff Advisory Note (JSAN) finds that Guinea-Bissau has yielded significant results in the first National Poverty Reduction Strategy (NPRS).
Authorities are taking effective measures to achieve better results under the second NPRS (NPRSP II).
Authorities plan a strategy focused on strengthening governance, promoting economic growth, and reducing poverty.
Authorities request international support and a predictable flow of resources for better implementation of the NPRS.
On review, the IMF approved a three-year arrangement under the Extended Credit Facility (ECF) for 2010–12.

Significant results achieved under the first NPRS (no numerical breakdown provided in the source text).
Ongoing measures initiated by authorities aimed at improving outcomes under the second NPRS.
Emphasis on governance reforms as a central pillar of the strategy.
Emphasis on policies to promote economic growth and reduce poverty.

Strengthen governance frameworks to improve program implementation and accountability.
Promote economic growth through measures identified in the second NPRS.
Prioritize poverty reduction interventions within the NPRS framework.
Secure international support and a predictable flow of donor and external resources to ensure effective implementation.

IMF action: approval of a three-year arrangement under the Extended Credit Facility (ECF) covering 2010–12.

_cr10381 — Joint Staff Advisory Note
- _cr10381 — Joint Staff Advisory Note (Markdown version)
- _cr10381 — Joint Staff Advisory Note (PDF)
_cr10381p
- _cr10381p (Markdown version)
- _cr10381p (PDF)