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Despite offering a more realistic macroeconomic outlook than the I-Poverty Reduction Strategy Paper (PRSP), the baseline scenario under the full Poverty Reduction and Growth Strategy Paper (PRGSP) is overly optimistic. The authorities estimate the cost of the five-year strategy at US$1.4 billion, nearly all to be funded with assistance from donors. The PRGSP rightly notes the adverse impact of real exchange rate appreciation on external viability. The PRGSP identifies three main sectors—agriculture, fisheries, and tourism—that have the potential to generate sustained economic growth. Comoros’s development goals and reform agenda under the full PRGSP are ambitious.
This Joint Staff Advisory Note focuses on the Poverty Reduction Strategy Paper (PRSP) for the Democratic Republic of the Congo (DRC). The PRSP for Congo states that accelerated and sustainable economic growth will not be possible without a dynamic private sector engaged in job creation, development of industries, and competitive export sector. It emphasizes the role of growth as an important part of poverty reduction. In particular, it accords priority to rehabilitating road and energy infrastructure, including electrification of urban and rural areas.
Seminar paper from the year 2012 in the subject Politics - Topic: International Organisations, grade: 1.4, , language: English, abstract: Poverty reduction strategy papers (PRSPs) are claimed to be the 'crucial link' between the Millennium Development Goals (MDGs) on the global level and poverty reduction and growth strategies on the nation level as PRSPs incorporate more and more MDG goals and indicators. Ethiopia, a low-income country in Sub-Saharan Africa, is used as a case study as it has not only made significant advancements in terms of achieving the MDG goals since 2000 but has also made extensive use of PRSPs. Ethiopia has already issued its third generation of PRSPs (2002; 2006; 20011), including an interim PRSP in 2000. The essay analyzes how well MDG 2 'Primary Universal Education' and MDG 5 'Maternal Health' have been absorbed into Ethiopia's PRSPs. Findings confirm that PRSPs are a crucial means to implement MDGs within national policies and programs. Moreover, the study hints to how different processes of MDG incorporation into PRSPs influence the achievement of the respective MDGs on the national level. PRSPs have to be given considerable importance in the post- 2015 agenda; however, a revision of PRSPs is urgently needed to compensate PRSP's criticism and its lack in adhering to some of its most crucial principles, which play a significant role in the post 2015 agenda.
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.
This paper examines Congo's Interim Poverty Reduction Strategy Paper (I-PRSP). Congo's I-PRSP explains the features and causes of poverty in Congo. It provides a short- and medium-term vision of development as well as a strategic orientation for a return to sustainable and equitable growth. The main objective is steady poverty reduction. The choice and implementation of strategic orientations and priority actions in the I-PRSP are consistent with the government's commitment to rebuilding the economy and in line with the Millennium Development Goals, the New Partnership for Development, and the government's "nouvelle espérance" program.
This Joint Staff Advisory Note (JSAN) focuses on the Second Annual Progress Report for Zambia’s Poverty Reduction Strategy Paper (PRSP). The government’s strategy to reduce poverty focuses on promoting economic growth through macroeconomic stabilization and diversification and improving the quality of service delivery, while addressing crosscutting issues of governance, HIV/AIDS, gender, and the environment. The JSAN provides IMF staff advice on priorities for advancing the PRSP implementation. It highlights progress in implementing the PRSP and provides suggestions for strengthening its implementation. The risks associated with implementation are also described.
The government of Pakistan completed its second full Poverty Reduction Strategy Paper (PRSP-II) in December 2008. PRSP-II builds on the first Poverty Reduction Strategy Paper (PRSP-I), which was adopted in December 2003, but is shaped by recent political and economic developments. Against this background, PRSP-II focuses on regaining macroeconomic stability and the growth momentum of 5–7 percent a year, while protecting the poor and vulnerable—objectives that are supported by the IMF’s Stand-By Arrangement and the World Bank’s proposed Poverty Reduction and Economic Support Operation.