countries, the average implementation period is about two years. Three countries are well advanced in preparing a fully revised (second generation) PRSP. An additional 11 countries have prepared interim PRSPs. The overwhelming bulk of low-income countries which have not yet prepared a PRSP are LICUS countries.
4. Reporting on implementation progress . Bank and Fund staffs have reported regularly on progress in PRSimplementation ( annex 1 ) . Initially, progress reports were prepared twice a year. In March 2002, the progress report reflected the findings of a larger
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1. This Joint Staff Advisory Note (JSAN) reviews the fifth annual progress report (APR) on the implementation of the Poverty Reduction Strategy (PRS) of Burkina Faso. The APR covers PRSimplementation in 2004. A draft APR was prepared in May 2005, and was finalized and formally shared with staffs only in early 2006, following a prolonged internal discussion and consultation process. The staffs note that the usefulness of the APR would increase if it were released prior to the beginning of the budget cycle so as to inform the policies and
This Joint Staff Advisory Note reviews the first annual progress report (APR) on implementation of the Poverty Reduction Strategy (PRS) in the Republic of Congo. The adoption of Congo’s first full Poverty Reduction Strategy Paper was an important step toward consolidating macroeconomic stability and improved political and economic governance. The APR takes stock of the first year of PRS monitoring and implementation, and provides an update on the poverty diagnosis, and elaborates on the central aspects of the strategy.