Mali: Poverty Reduction Strategy Paper: Implementation Report for 2003 and 2004: Joint Staff Advisory Note

Volume/Issue: Volume 2006 Issue 090
Publication date: March 2006
ISBN: 9781451826456
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Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Public Policy - Social Services and Welfare , Poverty and Homelessness , ISCR , CR , PRS , government , annual progress report , PRS building , PRS implementation , PRS program , PRSF growth objective , donor-government steering committee , PRS target , Budget planning and preparation , Poverty reduction strategy , Agricultural commodities

Summary

This Joint Staff Advisory Note discusses key findings of the Implementation Report for 2003 and 2004 of the Poverty Reduction Strategy Paper for Mali. With real GDP growth averaging 5 percent over the period 2003–05, Mali’s growth performance has improved over the preceding three years, although growth has fallen short of the Poverty Reduction Strategy Framework goal. The IMF staff agrees that this underperformance can be explained both by adverse external and natural shocks and the authorities’ “optimistic and voluntaristic” growth objectives that represent a best-case scenario.