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

Volume/Issue: Volume 2005 Issue 067

Publication date: September 2005

ISBN: 9781498371513

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Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Public Policy - Social Services and Welfare , Poverty and Homelessness , PP , PRS approach , PRS process , civil society , country authorities , public expenditure , private sector , PRS country , Poverty reduction strategy , Poverty reduction , Budget planning and preparation , Poverty reduction and development , Sub-Saharan Africa , Africa , Global

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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.