Poverty Reduction Support Credits : An Evaluation of World Bank Support
The goal of Poverty Reduction Support Credits (PRSCs), introduced in early 2001 under World Bank Interim guidelines, was to help countries implement comprehensive, country-owned development strategies to promote growth, improve social conditions, a...
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| Language: | English |
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Washington, DC: World Bank
2012
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| Online Access: | http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000333038_20100629235650 http://hdl.handle.net/10986/2470 |
| Summary: | The goal of Poverty Reduction Support
Credits (PRSCs), introduced in early 2001 under World Bank
Interim guidelines, was to help countries implement
comprehensive, country-owned development strategies to
promote growth, improve social conditions, and reduce
poverty. PRSCs were intended to ease conditionality and to
make annual flows to recipient countries predictable and
integrated with their budgets. To reduce fiduciary risks
associated with budget support, PRSCs were intended to
strengthen domestic budget processes. They were seen as
providing a framework for donor harmonization and were meant
to focus on achieving clearly defined results. |
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