Guinea and the IMF

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Poverty Reduction Strategy Papers (PRSPs)

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Republic of Guinea
Interim Poverty Reduction Strategy Paper

Prepared by the Republic of Guinea
October 2000

Interim Poverty Reduction Strategy Papers (I-PRSPs), prepared by member countries, summarize the current knowledge and assessment of a country's poverty situation, describe the existing poverty reduction strategy, identifies gaps in poverty data, diagnotics, and monitoring capacity, and lay out the process for addressing these gaps and producing a fully developed Poverty Reduction Strategy Paper in a participatory fashion. This country document is being made available on the IMF website by agreement with the member country as a service to users of the IMF website.

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Table of Contents

I. Introduction
II. Poverty in Guinea
  A. The Concept of poverty and people's perceptions of poverty
  B. The poverty profile
  C. The determining factors in poverty
III. The current strategic framework
  A. The macroeconomic framework
  B. Bolstering the private sector
  C. Medium-term expenditure framework (CDMT)
  D. Rural development
  E. Decentralization
  F. Specific poverty reduction initiatives
IV. Poverty reduction objectives and strategies
  A. Macroeconomic stabilization and growth
    1. Macroeconomic policies
      a) Fiscal policy
      b) Monetary, financial, and exchange policy
      c) External debt management
      d) Subregional integration
    2. Support for the main growth-oriented sectors
      a) Support for the rural sector
      b) Mining sector
      c) SMEs/SMIs and employment promotion
      d) Basic infrastructure development
  B. Development and access to basic services
    1. Education
    2. Health, nutrition, and HIV/AIDS
    3. Water, sanitation, and housing
    4. Electricity
    5. Transportation infrastructure
    6. Gender and equity
  C. Improving governance and capacity-building
    1. Better allocation and transparency in resource management
      a) CDMT and priority sectors
      b) Decentralization for better-quality expenditure
      c) Transparency and action to combat corruption
    2. Participation process and institutional and human capacity-building
      a) Participatory process, decentralization, and beneficiary involvement
      b) Strengthening of judicial capacities
V. Debt relief, resource allocation for the social sectors and medium-term indicators
  1. Debt relief and resource allocation for the social sectors
  2. Medium-term indicators
    a) Basic education sector
    b) Health sector
    c) Village water supply
    d) Rural roads
VI. Risks
VII. Plan for preparation of the Poverty Reduction Strategy Paper
  Annex 1: Government poverty reduction policy statement
  Annex 2: Matrix of poverty reduction strategies and policies
  Annex 3: Poverty reduction strategy preparation plan: Period June 2000-March 2002
  Annex 4: Sampling and results of consultations for the Country Assistance Strategy (CAS)
  Annex 5: Cost of priority actions for the education and health sectors
  Annex 6: Evolution of spending in priority sectors, 1995–2000
  Annex 7: Village water supply

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