Nicaragua and the IMF

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Poverty Reduction Strategy Papers (PRSPs)

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Government of Nicaragua
Strengthened Growth and Poverty Reduction Strategy Paper

First Progress Report

November 2002

Poverty Reduction Strategy Papers (PRSPs) are prepared by member countries in broad consultation with stakeholders and development partners, including the staffs of the World Bank and the IMF. Updated every three years with annual progress reports, they describe the country's macroeconomic, structural, and social policies in support of growth and poverty reduction, as well as associated external financing needs and major sources of financing. This country document is being made available on the IMF website by agreement with the member country as a service to users of the IMF website.

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Contents

I. Introduction
II. Executive Summary
III. Economic Framework for the Medium Term
  A. Performance of the economy, 2001–2002
  B. Budgetary reform and broadening of the tax base
  C. Perspectives 2003–2005
  D. Economic growth and poverty reduction
  E. Evolution of spending on poverty
  F. Financing for the SGPRS
  G. Public investment programs related to the SGPRS
IV. Poverty Reduction
V. Progress in Implementing Policies and Programs
  A. Pillar I: Broad-based economic growth
  B. Pillar II: Investment in human capital
  C. Pillar III: Protection of vulnerable groups
  D. Pillar IV: Good governance
  E. Crosscutting themes
  F. Challenges in implementing the SGPRS
VI. Intermediate Targets and Indicators
  A. Targets to 2005 and to 2015
  B. Intermediate indicators
VII. Management of Public Spending
  A. Supplementary Social Fund – FSS, registering of the
HIPC relief
  B. National System for Public Investments – SNIP
  C. Integrated System for Financial Management and Auditing – SIGFA
  D. National System for Monitoring of Poverty Indicators – SINASIP
  E. Evaluations of programs and projects
VIII. Impact Evaluation
  A. Strengthening the pillar of economic growth: development of clusters
  B. The fight against corruption
  C. National education plan and basic education
  D. Fiscal reform
IX. Consultation Process
Annexes
   Annex I. Matrix of Policy and Program Actions
   Annex II-A Matrix of Goals, Targets and Intermediate Indicators
   Annex II-B Analysis of Intermediate Indicators for the SGPRS
   Annex III The Consultation Process
Annex Table I SGPRS Program Porfolio (Consolidated)
Annex Table II SGPRS Program Portfolio
Bibliography

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