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Is the PRGF Living Up to Expectations?

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Author Info

  • Benedict J. Clements
  • Gabriela Inchauste
  • Nita Thacker
  • Thomas William Dorsey
  • Shamsuddin Tareq
  • Emanuele Baldacci
  • Sanjeev Gupta
  • Mark W. Plant

Abstract

In late 1999 the IMF established the Poverty Reduction and Growth Facility (PRGF) to integrate the objectives of poverty reduction and growth more fully into its operations for the poorest countries, and to base these operations on national poverty reduction strategies prepared by the country with broad participation of key stakeholders. A review of the program would be conducted two years later. This paper synthesizes two papers prepared by IMF staff: Review of the Poverty Reduction and Growth Facility: Issues and Options, and Review of the Key Features of the Poverty Reduction and Growth Facility: Staff Analyses. The paper draws on a broad range of internal and external views gathered between July 2001 and February 2002, including discussions at regional forums, meetings with donor government officials and representatives of civil society organizations, and comments of key officials in member countries with PRGF arrangements.

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Bibliographic Info

Paper provided by International Monetary Fund in its series IMF Occasional Papers with number 216.

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Length: 55
Date of creation: 26 Sep 2002
Date of revision:
Handle: RePEc:imf:imfocp:216

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Cited by:
  1. Eswar Prasad, 2004. "China's Growth and Integration into the World Economy," IMF Occasional Papers 232, International Monetary Fund.
  2. Toan Quoc Nguyen & Benedict J. Clements & Rina Bhattacharya, 2003. "External Debt, Public Investment, and Growth in Low-Income Countries," IMF Working Papers 03/249, International Monetary Fund.
  3. Erwin Tiongson & Hamid Reza Davoodi & Sawitree S. Asawanuchit, 2003. "How Useful Are Benefit Incidence Analyses of Public Education and Health Spending," IMF Working Papers 03/227, International Monetary Fund.
  4. Martin Knoll, 2008. "Budget Support: A Reformed Approach Or Old Wine In New Skins?," UNCTAD Discussion Papers 190, United Nations Conference on Trade and Development.
  5. Gupta, Sanjeev & Clements, Benedict & Bhattacharya, Rina & Chakravarti, Shamit, 2004. "Fiscal consequences of armed conflict and terrorism in low- and middle-income countries," European Journal of Political Economy, Elsevier, vol. 20(2), pages 403-421, June.
  6. Graham Bird, 2004. "Growth, poverty and the IMF," Journal of International Development, John Wiley & Sons, Ltd., vol. 16(4), pages 621-636.

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