2005 Review of the Poverty Reduction Strategy Approach - Balancing Accountabilities and Scaling Up Results

Publication Date:

September 19, 2005

Electronic Access:

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In December 1999, the World Bank (the Bank) and the International Monetary Fund (the Fund) introduced a new approach to their relations with low-income countries, centered around the development and implementation of poverty reduction strategies (PRS) by the countries as a precondition for access to debt relief and concessional financing from both institutions. These strategies were also expected to serve as a framework for better coordination of development assistance among other development partners.


Policy Papers



Publication Date:

September 19, 2005



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