Nepal: Poverty Reduction Strategy Paper Annual Progress Report: Joint Staff Advisory Note

Author: International Monetary Fund

Volume/Issue: Volume 2006 Issue 443

Publication date: December 2006

ISBN: 9781451830064

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Topics covered in this book

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Business and Economics , Political Science , Social Science , Public Finance , Public Policy - Social Services and Welfare , Poverty and Homelessness , ISCR , CR , APR review , APR report , APR preparation , poverty reduction strategy paper Annual Progress Report , growth , APR's emphasis , next APR , PRS objective , Poverty reduction strategy

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Summary

This note documents slow economic growth and significant delays in reform implementation owing to continued political instability and conflict. The annual progress report (APR) reviews progress in the power sector, but does not mention some critical challenges. It outlines some progress in public sector reforms and private sector development. The APR analyzes the impact on disadvantaged groups of several government of Nepal’s programs, but recognizes a decrease in spending for targeted programs. Progress has been made in finalizing and launching of a framework for monitoring and evaluation.