Is the PRGF Living Up to Expectations?

By Benedict J. Clements, Gabriela Inchauste, Nita Thacker, Thomas William Dorsey, Shamsuddin Tareq, Emanuele Baldacci, Sanjeev Gupta, Mark W. Plant

September 26, 2002

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Benedict J. Clements, Gabriela Inchauste, Nita Thacker, Thomas William Dorsey, Shamsuddin Tareq, Emanuele Baldacci, Sanjeev Gupta, and Mark W. Plant Is the PRGF Living Up to Expectations?, (USA: International Monetary Fund, 2002) accessed September 20, 2024

Summary

In late 1999 the IMF established the Poverty Reduction and Growth Facility (PRGF) to integrate the objectives of poverty reduction and growth more fully into its operations for the poorest countries, and to base these operations on national poverty reduction strategies prepared by the country with broad participation of key stakeholders. A review of the program would be conducted two years later. This paper synthesizes two papers prepared by IMF staff: Review of the Poverty Reduction and Growth Facility: Issues and Options, and Review of the Key Features of the Poverty Reduction and Growth Facility: Staff Analyses. The paper draws on a broad range of internal and external views gathered between July 2001 and February 2002, including discussions at regional forums, meetings with donor government officials and representatives of civil society organizations, and comments of key officials in member countries with PRGF arrangements.

Subject: Budget planning and preparation, Expenditure, Health care spending, Poverty, Poverty reduction, Poverty reduction strategy, Public financial management (PFM)

Keywords: Africa, Budget planning and preparation, Core area, Global, Health care spending, Impact analysis, OP, Outlay, Poverty reduction, Poverty reduction strategy, PRGF, PRGF conditionality, PRGF-supported arrangement, PRGF-supported program, Program document, PRSPs

Publication Details

Pages:

55
Volume:

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DOI:

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Issue:

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Series:

Occasional Paper No. 2002/008
Stock No:

S216EA
ISBN:

9781589061125
ISSN:

0251-6365

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