Independent Evaluation Office Reports

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

By David John Goldsbrough, Isabelle Mateos y Lago, Martin D Kaufman, Daouda Sembene, Tsidi M Tsikata, Steve K Mugerwa, Alex Segura-Ubiergo, Jeff Chelsky

September 30, 2004

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David John Goldsbrough, Isabelle Mateos y Lago, Martin D Kaufman, Daouda Sembene, Tsidi M Tsikata, Steve K Mugerwa, Alex Segura-Ubiergo, and Jeff Chelsky. Evaluation of the IMF's Role in Poverty Reduction Strategy Papers and the Poverty Reduction and Growth Facility, (USA: International Monetary Fund, 2004) accessed October 7, 2024

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.

Subject: Banking, Expenditure, Fiscal policy, Macro-fiscal framework, Poverty, Poverty reduction, Poverty reduction and development, Poverty reduction strategy

Keywords: Africa, Asia and Pacific, Board discussion, Country, Global, IEO, IEOR, JSA guideline, Macro-fiscal framework, Middle East, Middle East and Central Asia, Outturn data, Policy, Poverty reduction, Poverty reduction and development, Poverty reduction strategy, PRGF, PRGF initiative, PRGF-supported program, PRS, PRS approach, PRS process, PRSP, PRSP approach, Sub-Saharan Africa, Western Hemisphere

Publication Details

  • Pages:

    129

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

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  • Series:

    Independent Evaluation Office Reports

  • Stock No:

    IEOEA2004002

  • ISBN:

    9781589063679

  • ISSN:

    2617-670X