Evaluation of the IMF's Role in Poverty Reduction Strategy Papers and the Poverty Reduction and Growth Facility ( Independent Evaluation Office Reports )

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.

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