Guyana and the IMF

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Poverty Reduction Strategy Papers (PRSPs)

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Guyana
Interim Poverty Reduction Strategy Paper
Prepared by the Guyanese Authorities
October 30, 2000

Interim Poverty Reduction Strategy Papers (I-PRSPs), prepared by member countries, summarize the current knowledge and assessment of a country's poverty situation, describe the existing poverty reduction strategy, identifies gaps in poverty data, diagnotics, and monitoring capacity, and lay out the process for addressing these gaps and producing a fully developed Poverty Reduction Strategy Paper in a participatory fashion. 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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Table of Contents

Introduction

  1. Macroeconomic context and progress on structural reform
      Past policies
      Recent economic performance

  2. Analysis of poverty
      Summary of the 1993 household of income and expenditure survey
      The 1999 living conditions survey
      Characteristics of the poor
        Demographic characteristics of the poor
        Geographic and ethnic distribution of the poor
        Education and labour force participation
      The causes of poverty
        Poor economic policies
        Weak regulatory and institutional support
        Inadequate infrastructure
        Deteriorating social services
      Conclusions and agenda for the future

  3. National Poverty strategy
      Policies to stimulate growth, trade and investment
        Improving the macroeconomic environment
        Expanding and diversifying the sources of growth
        Investment promotion
      Good governance and the business environment
        Improving governance
        Sector specific enhancements
        Improving agriculture output in rural and interior economies
        Improving the environment for manufacturing
        Supporting the fishing sector
        Eco-tourism and economic opportunities for Amerindians
        Facilitating credit to small business and microenterprise
      Growth, the environment and poverty reduction
      Refocusing public expenditure
        Health
        Education
        Water and sanitation
        Housing
        Safety nets
      Community participation in poverty programmes
        The role of public sector agencies
        Strengthening Amerindian skills in community development
        Skills training and employment program
      Infrastructure to support growth
        Sea defenses
        Roads and river transport
        Drainage and irrigation
      Special intervention strategies to reduce poverty
        Linden diversification project
        Rupunini development project
        The Mahdia project
        Barima-Waini project
        Industrial estates

  4. Poverty priorities, costing and monitoring
      Priorities and costing
      Monitoring indicators, Intermediate outputs and targets
      Monitoring and coordinating strategies
        Monitoring strategy
        Coordinating strategy

  5. Macroeconomic projections and financing
      Financing requirements

  6. Consultation, data sources and data collection priorities
      Consultation
      Data collection priorities

Annex I: Statistical Appendix

Annex II: Policy Matrix

Annex III: Public Sector Investment Program

 

Use the free Adobe Acrobat Reader to view the full text (913 kb)