Guyana Poverty Reduction Strategy Paper 2011-2015.

Guyana Poverty Reduction Strategy Paper 2011 – 2015 is a confirmation of the path taken in 2001 with the Guyana’s first PRSP and it is a review of the key developments outlined at that time. Goals of the Strategy are: (i) generating economic growth; (ii) improving social services’ provision; (iii) enhancing governance structures; and (iv) progressing towards the achievement of the Millennium Development Goals. The poverty reduction agenda for 2011 - 2015 is rooted in the Government’s vision of the medium-term that centers on (i) high-value employment creation; (ii) improved standards of living; (iii) dramatic reduction in poverty; (iv) the rule of law and public safety; (v) protection of individual constitutional rights; and (vi) investments in human resource development. The core of the Strategy is set out in Chapters 8 – 12 that deal, respectively, with: the medium term economic policy agenda in support of the poverty reduction programme, including maintaining sound macroeconomic framework, establishing a business-friendly environment conducive to accelerated investment, continued modernization of the traditional sectors, supporting the emergence and growth of new sectors and cross-cutting policies to support growth and development (8); the institutional, regulatory and administrative reforms necessary to support growth and poverty reduction which include improving citizens’ security, justice administration and modernizing the public sector (9); the medium-term infrastructure strategy and programs referring to construction, rehabilitation and ongoing maintenance of (i) drainage and irrigation systems; (ii) roads and bridges; (iii) sea defenses; (iv) air and marine transport infrastructure; and (v) power generation, transmission and distribution (10); investment in human capital, by closing regional and gender disparities and improving equity in the allocation of resources and laying out the policies in health and education (11); and the overall medium-term macroeconomic framework (12).