Publication series : Independent Evaluation Office Reports
Author: Mr. David John Goldsbrough Mrs. Isabelle Mateos y Lago Mr. Martin David Kaufman Mr. Daouda Sembene Mr. T. M. Tsikata Mr. Steve Kayizzi-Mugerwa Mr. Alex Segura-Ubiergo Mr. Jeffrey Allen Chelsky
Publisher: INTERNATIONAL MONETARY FUND
Publication year: 2004
E-ISBN: 9781451979237
P-ISBN(Paperback): 9781589063679
Subject: F831 The world financial, banks
Keyword: Poverty Reduction and Growth Facility
Language: ENG
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Description
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.