Download Free Democratic Republic Of Congo Interim Poverty Reduction Strategy Paper Preparation Status Report Book in PDF and EPUB Free Download. You can read online Democratic Republic Of Congo Interim Poverty Reduction Strategy Paper Preparation Status Report and write the review.

This paper focuses on the Democratic Republic of the Congo's (DRC) Interim Poverty Reduction Strategy Paper (I-PRSP) Preparation Status Report. DRC's I-PRSP is based on three fundamental pillars, namely: peace and good governance, which are considered to be the essential condition for the strategy to succeed; stabilization and pro-poor growth; and support for grassroots initiatives. The involvement of the development partners, civil society, and the private sector has been strengthened, resulting in better participation. Nevertheless, the process has been delayed by the slowness of the provision of human and financial resources.
The attached Joint Staff Assessment (JSA) of the Interim Poverty Reduction Strategy Paper (I-PRSP) Preparation Status Report for the Democratic Republic of the Congo reviews progress with respect to the implementation of the PRSP. The report appropriately points to the continuing progress in the implementation of the I-PRSP, especially the restoration of peace, the strengthening of governance, and the improvement in economic management for pro-poor growth. Progress in the production of monthly budget execution reports and in improving the government accounting framework is good, despite some delays.
NULL
For the past two years, the Democratic Republic of Congo has made considerable progress in consolidating its peace process, stabilizing its economic situation, and creating the conditions for sustainable economic growth and poverty reduction. The macroeconomic and fiscal performances under the IMF program were satisfactory. The government also made good progress on structural and sectoral reforms. The authorities have identified the key steps needed for the completion of the poverty reduction strategy paper. The IMF staff commends the authorities for the progress achieved in strengthening the tax and customs administration.
This Poverty Reduction Strategy Paper on the Democratic Republic of Congo discusses economic policies and development. The macroeconomic and budget framework has been developed to take into account the effects of sectoral policies to maintain macroeconomic stability, a necessary condition for laying the foundation of economic growth and poverty reduction. It is based on the profile of public spending, the assessment of costs for achieving the Millennium Development Goals by 2020, and the sector-based economic growth theories taking into account the uncertainties of the international environment and the real potential of the Congolese economy. It is found that it allows for a realistic programming of public spending while highlighting the main budgetary choices proposed by the government.
NULL