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Azerbaijan - Poverty reduction strategy paper (PRSP) first annual progress report and joint IDA-IMF staff assessment (Inglês)

This Progress Report presents the results of the implementation of the State Program for Poverty Reduction and Economic Development (SPPRED). The report reviews measures taken to achieve the goals set in the SPPRED and identifies areas for improvement. It addresses six key areas: (i) SPPRED and Millennium Development Goals (MDGs); (ii) economic growth and employment; (iii) social policy and human capital; (iv) regional policy; (v) institutional reform and capacity building; and, (vi) the participatory process. In addition, the Report updates the poverty profile, analyzes the main poverty indicators, and discusses ways to improve poverty monitoring. The report emphasized macroeconomic stability and economic growth as key instruments to generate employment and achieve poverty reduction objectives. The report also highlighted: the need to strengthen institutional capacities; the removal of administrative barriers to economic activity; the improvement of the efficiency and effectiveness of the public sector in general, and social policies in particular. It also identifies challenges in achieving the MDGs, particularly the lack of adequate data to set benchmarks and monitor progress, and notes the need to develop specific indicators as one of the Government's immediate tasks.




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