Ghana: Joint Staff Assessment of the Poverty Reduction Strategy Paper
IMF Staff Country Reports, May 19, 2003
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- Ghana: Joint Staff Assessment of the Poverty Reduction Strategy Paper
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Bibliographic details
- Published: May 19, 2003
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451814828.002
Summary and Purpose
- Presents the Joint Staff Assessment of the Poverty Reduction Strategy Paper (PRSP) Progress Report for Ghana.
- IMF staff assessment: the Ghana Poverty Reduction Strategy provides a sound framework for implementing the government’s antipoverty agenda.
- Strategy pillars:
- creating favorable conditions for private-sector-led growth,
- improving the delivery of basic social services,
- raising the efficiency of the public sector.
- Government intentions outlined:
- maintain a stable macroeconomic environment with moderate inflation,
- improve infrastructure and market access,
- increase the availability and quality of basic health and education services.
Key Findings and Analysis
- The PRSP Progress Report is judged to offer a coherent framework for poverty reduction through growth, service delivery improvements, and public sector efficiency.
- Emphasis on private-sector-led growth as a central mechanism for poverty reduction.
- Focus on expanding and improving basic social services (health and education) to enhance human capital and access.
Policy Directions and Recommendations
- Preserve macroeconomic stability, with an explicit goal of moderate inflation.
- Prioritize infrastructure improvements to enhance market access and economic opportunities.
- Strengthen delivery and quality of basic health and education services.
- Increase public sector efficiency to better implement antipoverty programs and use resources effectively.
Content in this bundle
- Ghana:Joint Staff Assessment of the Poverty Reduction Strategy Paper - ISCR/03/132