Poverty Reduction Strategy Papers (PRSP)

Memorandum to Members of the International Monetary and Financial Committee and Members of the Development Committee on Heavily Indebted Poor Countries Initiative and Poverty Reduction Strategy Papers
September 7, 2000

Key Features of IMF Poverty Reduction and Growth Facility (PRGF) Supported Programs
September 7, 2000

See also:
The IMF's Poverty Reduction and Growth Facility (PRGF)

Debt Relief Initiative and the IMF

Poverty Reduction Strategy Papers—Progress in Implementation

Prepared by the Staffs of the IMF and the World Bank

September 14, 2001

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Contents

  1. Introduction
     
  2. Current Status of I-PRSPs, Full PRSPs, and Annual PRSP Progress Reports
    1. I-PRSPs
    2. Full PRSPs
    3. Annual PRSP Progress Reports
     
  3. Progress in Operationalizing the PRSP Approach
    1. Facilitating the PRSP Approach: Bank and Fund Support      Guidance on PRSP Preparation Status Reports
           Multi-Donor Trust Fund
           Learning Events and Information Resources
    2. Progress in Aligning Bank and Fund Assistance with Country Strategies
            Poverty and Social Impact Analysis
            Tracking of Poverty Reducing Expenditures
            Bank-Fund Coordination in Program Design and
                Conditionality
            Progress with Poverty Reduction Support Credits
     
  4. Development Partners: Donor Support, Outreach and Feedback
    1. Donor Support and Aid Modalitiesv
    2. Outreach and FeedbackOutreach and Feedback

  5. The Review of the PRSP Approach

  6. Conclusion

Box
Box 1: Status of I-PRSPs and PRSPs Discussed by Bank and Fund
           Boards between end-March 2001 and end-August 2001

Tables
Table 1. Possible Country Timelines for Interim Poverty Reduction
              Strategy Papers (I-PRSPs), Poverty Reduction Strategy Papers
              (PRSPs), Country Assistance Strategies (CAS), Poverty
              Reduction and Growth Facility (PRGF), and HIPC Decision and
              Completion Points in 2000

Table 2. Status of I-PRSPs and Full PRSPs Discussed by Bank and Fund
              Boards Between December 1999 and August 2000

Annexes
Annex 1. Guidelines for PRSP Preparation Status Reports and
               Accompanying JSAs
Annex 2. Interim Guidelines for Poverty Reduction Support Credits Annex 3. IMF and World Bank Outreach Events, April 2001-
               September 2001