Serbia and Montenegro: Poverty Reduction Strategy Paper—Progress Reports

IMF Staff Country Reports, April 26, 2006

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Discusses the First Progress Report on the implementation of the Poverty Reduction Strategy (PRS) in Serbia.
States that the Poverty Reduction Strategy Paper (PRSP) for Serbia and its implementation complement the efforts of Serbia in the European Union integration process.
Highlights a focus on the need to reform the public administration to increase the efficiency and transparency of policy coordination and governance in implementing programmatic documents of the Republic of Serbia and in improving governance of overall and public sector policies.

Poverty reduction and development are central objectives, with attention to absolute poverty and the poverty rate.
Human capital areas emphasized: Education, Health, Labor.
Employment and private sector engagement are recognized as important for job creation and economic growth.
The PRSP is positioned as complementary to Serbia’s EU integration efforts.

Reform public administration to:
- Increase efficiency of policy coordination.
- Increase transparency of policy coordination.
- Improve governance in implementation of programmatic documents of the Republic of Serbia.
- Improve the governance of overall and public sector policies.
Strengthen measures that support employment creation and private sector development.
Maintain attention to sectoral policies in education, health, and labor to address poverty and human development.

Subjects: Education, Health, Labor, Poverty, Poverty reduction and development, Poverty reduction strategy
Keywords: absolute poverty, CR, Eastern Europe, economic growth, employment agency, Europe, financial support, Global, gross domestic product, ISCR, job creation, poverty rate, Poverty reduction and development, Poverty reduction strategy, private sector, Southern Europe, Western Europe