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Evaluation of the IMF's Role in Poverty Reduction Strategy Papers and the Poverty Reduction and Growth Facility [electronic resource] / David John Goldsbrough.

By: Goldsbrough, David John.
Contributor(s): Chelsky, Jeff | Goldsbrough, David John | Kaufman, Martin David | Mateos y Lago, Isabelle | Mugerwa, Steve | Segura-Ubiergo, Alex | Sembene, Daouda | Tsikata, Tsidi M.
Material type: materialTypeLabelBookSeries: Independent Evaluation Office Reports; Independent Evaluation Office Reports: Publisher: Washington, D.C. : International Monetary Fund, 2004Description: 1 online resource (129 p.).ISBN: 1589063678 :.Subject(s): Conditionality | Expenditure | Expenditures | Macroeconomic Framework | Poverty Reduction Strategy | Guinea | Mozambique | Nicaragua | Tanzania | VietnamAdditional physical formats: Print Version:: Evaluation of the IMF's Role in Poverty Reduction Strategy Papers and the Poverty Reduction and Growth FacilityOnline resources: IMF e-Library | IMF Book Store Abstract: 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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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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