2022 Review of Adequacy of Poverty Reduction and Growth Trust Finances

This paper provides the first review of the adequacy of PRGT finances since the comprehensive reform of the Poverty Reduction and Growth Trust (PRGT) in July 2021.

Volume/Issue: Volume 2022 Issue 016

Publication date: April 2022

ISBN: 9798400206832

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Topics covered in this book

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Money and Monetary Policy , Public Policy - Social Services and Welfare , Political Economy , PRGT lending , PRGT resource , PRGT fundraising strategy , PRGT commitment , PRGT loan resource , Loans , Debt relief , Credit , COVID-19 , Poverty reduction and development , Global

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Summary

This paper provides the first review of the adequacy of PRGT finances since the comprehensive reform of the Poverty Reduction and Growth Trust (PRGT) in July 2021. It describes the lending response to the unprecedented pandemic-related demand; updates the PRGT demand scenarios and the estimates of the longer-term PRGT resource needs; reports on progress with the first stage of the two-stage PRGT funding strategy approved in July 2021; and outlines recent developments in the various debt relief initiatives and their status.