Evaluation of the IMF's Role in Poverty Reduction Strategy Papers and the Poverty Reduction and Growth Facility

Author: Mr. David John Goldsbrough, Mrs. Isabelle Mateos y Lago, Mr. Martin D Kaufman, Mr. Daouda Sembene, Mr. Tsidi M Tsikata, Mr. Steve K Mugerwa, Mr. Alex Segura-Ubiergo, and Mr. Jeff Chelsky

Publication date: September 2004

ISBN: 9781589063679

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Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Banks and Banking , Exports and Imports , Economics- Macroeconomics , Public Finance , Civics and Citizenship , Public Policy - Social Services and Welfare , Poverty and Homelessness , IEOR , IEO , PRSP , policy , PRGF , country , PRS , Board discussion , PRGF-supported program , PRS approach , outturn data , PRSP approach , Poverty reduction strategy , Poverty reduction , Poverty reduction and development , Africa , Global , Sub-Saharan Africa , Middle East , Middle East and Central Asia , PRS process , PRGF initiative , JSA guideline , Macro-fiscal framework , Asia and Pacific , Western Hemisphere

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Summary

In 1999, the IMF and the World Bank adopted a new frame work for supporting economic reform in low-income member countries to achieve the objectives of poverty reduction and economic growth. The frame work consists of two key elements: country-authored Poverty Reduction Strategy Papers, drawing on broad-based consultations with key stake holder groups; and a vehicle for the provision of IMF concessional lending, the Poverty Reduction andGrowth Facility. This evaluation takes stock of progress to date and attempts to identify short comings that may require course corrections in the design and implementation of the initiative.