Policy Papers

2005 Review of the Poverty Reduction Strategy Approach - Balancing Accountabilities and Scaling Up Results

September 19, 2005

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2005 Review of the Poverty Reduction Strategy Approach - Balancing Accountabilities and Scaling Up Results, (USA: International Monetary Fund, 0) accessed September 19, 2024

Summary

In December 1999, the World Bank (the Bank) and the International Monetary Fund (the Fund) introduced a new approach to their relations with low-income countries, centered around the development and implementation of poverty reduction strategies (PRS) by the countries as a precondition for access to debt relief and concessional financing from both institutions. These strategies were also expected to serve as a framework for better coordination of development assistance among other development partners.

Subject: Poverty Reduction Strategy Papers

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