Is the PRGF Living Up to Expectations?

Occasional Papers, September 26, 2002

Source details

Authors: Benedict J. Clements, Gabriela Inchauste, Nita Thacker, Thomas William Dorsey, Shamsuddin Tareq, Emanuele Baldacci, Sanjeev Gupta, Mark W. Plant
Published: September 26, 2002
Series: Occasional Papers
DOI: https://doi.org/10.5089/9781589061125.084

In late 1999 the IMF established the Poverty Reduction and Growth Facility (PRGF).
PRGF objectives: integrate poverty reduction and growth more fully into IMF operations for the poorest countries; base operations on national poverty reduction strategies prepared by the country with broad participation of key stakeholders.
A review of the program was to be conducted two years later.

The paper synthesizes two IMF staff papers:
- Review of the Poverty Reduction and Growth Facility: Issues and Options
- 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
- Meetings with representatives of civil society organizations
- Comments of key officials in member countries with PRGF arrangements

Subjects: 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

Occasional Paper No. 2002/008 — Is the PRGF Living Up to Expectations?