Abstract
AbstractThis chapter focuses on poverty reduction strategy papers (PRSPs). PRSPs were introduced by the World Bank and International Monetary Fund (IMF) in September 1999 as a new requirement for countries to receive concessional funding and debt relief. PRSPs are national planning frameworks, and describe a country's macroeconomic, structural, and social policies and programs to promote growth and reduce poverty, as well as associated external financing needs. PRSPs may signal an improvement on structural adjustment programs (SAPs) but still have some distance to go in recognizing and addressing issues such as equity and gender disparities. Although it is too soon to appraise the outcomes of PRSPs, some skepticism has been voiced in some quarters that they are SAPs by another name.
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