Maldives: Joint Staff Advisory Note of the Poverty Reduction Strategy Paper

January 22, 2008

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Maldives: Joint Staff Advisory Note of the Poverty Reduction Strategy Paper, (USA: International Monetary Fund, 2008) accessed November 22, 2024

Summary

The Joint Staff Advisory Note report assesses that Maldives has achieved notable development progress through sound macroeconomic management, tourism development, and public service provision improvement under the Poverty Reduction Strategy Paper (PRSP). Executive Directors emphasized the need to strengthen the fiscal policy framework, develop institutions, implement structural reforms and a realistic budget to mitigating risks, and ensure macroeconomic stability. Directors welcomed the Seventh National Development Plan, the new Poverty Reduction Strategy Paper, and stressed the need for significant efforts to ensure the successful implementation of the economic development program.

Subject: Budget planning and preparation, Environment, Expenditure, Natural disasters, Poverty, Public financial management (PFM)

Keywords: A. PRSP context, Budget planning and preparation, CR, Deficit, Development approach, Expenditure priority, Global, GoM initiative, GoM's effort, Government, ISCR, Natural disasters, Policy, PRSP scenario resort

Publication Details

Pages:

13
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2008/025
Stock No:

1MDVEA2008001
ISBN:

9781451825503
ISSN:

1934-7685

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