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International Monetary Fund

consultants – responsible for carrying out the work needed for preparing the strategy; and (iii) a coordination and monitoring committee – composed of the general commissar for planning, representatives from the islands’ presidencies, and delegates from the orientation committees – responsible for oversight and validation. 4. The PRS process created a consensual platform for communication and national cooperation in a period marked by tense relationships between the union government and island authorities. A first draft I-PRSP was produced taking into account the

International Monetary Fund

aligned with a country’s PRS, and to encourage better alignment of the PRS process with existing domestic processes. 3. These JSAN guidelines continue to reflect the main principles underlying the PRSP approach. The PRSP is prepared by the government through a country-driven process, including broad participation that promotes country ownership of the strategy and its implementation as well as partnerships among the government, domestic stakeholders, and development partners. Comprehensive diagnosis , a long-term perspective , and results-orientation are

International Monetary Fund
This paper presents a Joint Staff Advisory Note on the Union of the Comoros’s Interim Poverty Reduction Strategy Paper (I-PRSP). The I-PRSP’s macroeconomic framework is broadly in line with the government’s objectives of improving opportunities and living conditions for the poor. It envisages higher real GDP growth, continued low inflation, higher social spending, and an ambitious medium-term public investment program. The full PRSP could develop the medium-term macroeconomic framework more fully, including by developing alternative scenarios for GDP growth and underlying sectoral performance.
International Monetary Fund
In December 1999, the World Bank (the Bank) and the International Monetary Fund (the Fund) introduced a new approach to their relations with low-income countries, centered around the development and implementation of poverty reduction strategies (PRS) by the countries as a precondition for access to debt relief and concessional financing from both institutions. These strategies were also expected to serve as a framework for better coordination of development assistance among other development partners.