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Is the PRGF Living Up to Expectations?

Author

Listed:
  • Mr. Benedict J. Clements
  • Ms. Gabriela Inchauste
  • Ms. Nita Thacker
  • Mr. Thomas William Dorsey
  • Mr. Shamsuddin Tareq
  • Mr. Emanuele Baldacci
  • Mr. Sanjeev Gupta
  • Mr. 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.

Suggested Citation

  • Mr. Benedict J. Clements & Ms. Gabriela Inchauste & Ms. Nita Thacker & Mr. Thomas William Dorsey & Mr. Shamsuddin Tareq & Mr. Emanuele Baldacci & Mr. Sanjeev Gupta & Mr. Mark W. Plant, 2002. "Is the PRGF Living Up to Expectations?," IMF Occasional Papers 2002/008, International Monetary Fund.
    • Handle: RePEc:imf:imfops:2002/008
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    Citations

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    Cited by:

    1. Buettner, Thiess & Madzharova, Boryana, 2018. "WTO membership and the shift to consumption taxes," World Development, Elsevier, vol. 108(C), pages 197-218.
    2. International Monetary Fund, 2006. "Selected African Countries: IMF Technical Assistance Evaluation: Public Expenditure Management Reform," IMF Staff Country Reports 2006/067, International Monetary Fund.
    3. Madhur Gautam, 2003. "Debt Relief for the Poorest : An OED Review of the HIPC Initiative," World Bank Publications - Books, The World Bank Group, number 15164, December.
    4. Benedict Clements & Sanjeev Gupta & Masahiro Nozaki, 2013. "What happens to social spending in IMF-supported programmes?," Applied Economics, Taylor & Francis Journals, vol. 45(28), pages 4022-4033, October.
    5. Toan Quoc Nguyen & Mr. Benedict J. Clements & Ms. Rina Bhattacharya, 2003. "External Debt, Public Investment, and Growth in Low-Income Countries," IMF Working Papers 2003/249, International Monetary Fund.

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