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International Monetary Fund

-623-7100 • Fax 202-623-6772 • www.imf.org “Peru has made great strides on poverty alleviation. The launching of the Fund for Regional and Local Investment, as well as the recent reforms to the National System of Public Investment and the continued leadership of the Interministerial Committee for Social Affairs in implementing the poverty alleviation strategy will help entrench these gains. “The authorities continue to focus on strengthening of financial sector, and very significant steps were achieved through the recent amendment of the General Banking Law that will align

International Monetary Fund

2007, as a result of strong growth. Even though poverty reduction was broad-based, the larger improvements took place in urban areas. In order to strengthen the poverty alleviation strategy, a Multi- Annual Social Framework was prepared by the Interministerial Committee for Social Affairs. The social program Crecer was expanded and, together with the conditional cash transfer program Juntos , has now been implemented in the poorest rural districts. Furthermore, in response to the recent increase in food prices, a temporary pilot program to distribute food among

International Monetary Fund

Preparation of Full PRSP – PROGRESS STATUS REPORT I. Introduction 1. The Government of Cape Verde has outlined as its core objectives the promotion of economic growth and poverty alleviation. 2. As a consequence, the Interim-Poverty Reduction Strategy Paper was drafted in January 2002. The formulation of PRSP is an ongoing process. The PRSP process stems from years of planning and builds on several general plans and sectoral strategies that have been formulated for the recent years. The PRSP is a growth and poverty alleviation strategy. It is a

International Monetary Fund
This paper examines the Poverty Reduction Strategy Paper (PRSP) Preparation Status Report for Cape Verde. On the road map to full PRSP, significant progress has been made in the context of preparation of the PRSP. The government has approved the National Development Plan (NDP). The programs and sub-programs incorporated in the NDP are quadrennial (2002–05). The financing gap will be reassessed in light of the review of the macroeconomic framework supported by a Poverty Reduction and Growth Facility arrangement.