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Georgia Joint Ida-Imf Staff Advisory Note On

By The World Bank

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Book Id: WPLBN0000104415
Format Type: PDF eBook
File Size: 0.6 MB
Reproduction Date: 2005

Title: Georgia Joint Ida-Imf Staff Advisory Note On  
Author: The World Bank
Volume:
Language: English
Subject: Economics, Finance & business, World Bank.
Collections: Economics Publications Collection
Historic
Publication Date:
Publisher: The World Bank

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Bank, T. W. (n.d.). Georgia Joint Ida-Imf Staff Advisory Note On. Retrieved from http://hawaiilibrary.net/


Description
Economics

Excerpt
The Georgian poverty reduction strategy embodied in the Economic Development and Poverty Reduction Program (EDPRP), which was presented to the xecutiveB oards of IDA and the IMF in September 2003, focused on Georgia's commitment to rapid and sustainable growth and poverty reduction. The Boards and the staffs of IDA and the IMF considered the EDPRP to be a significant achievement, both in its content and in the broad participation in its development. The new government that took office after the November 2003 Rose Revolution has been determined to fight corruption and improve governance. Macroeconomic performance has strengthened, timely payment of social transfers and public sector wages was reestablished, and wage and pension arrears cleared to a significant degree. -- 2. The Annual Progress Report (APR) of January 2005 confirms the commitment of the new government to the EDPRP objectives, provides results of the implementation during its first year, and highlights new elements in the strategy. This Joint Staff Advisory Note (JSAN) discusses the strategy's implementation to date, reports on progress in addressing issues raised in the previous Joint Staff Assessment (JSA), and provides the staffs' advice on key priorities for strengthening the EDPRP further. -- 3. Overall, the APR provides evidence...

 

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