Search results
Results from the WOW.Com Content Network
[1] [2] PRSPs are also required before low-income countries can receive aid from most major donors and lenders. [2] The IMF specifies that the PRSP should be formulated according to five core principles. [1] The PRSP should be country-driven, result-oriented, comprehensive, partnership-oriented, and based on a long-term perspective. [1]
One of PRGF's goals is to ensure that impoverished nations re-channel the government funds freed from debt repayment into poverty-reduction programs. To that end, each country's PRGF program is modeled around a Poverty Reduction Strategy Paper (PRSP). PRSPs describe the macroeconomic, structural, and social programs that a country will follow ...
Currently the poverty line is defined as an income of 70 Afghanis a day, which is equivalent to about 1 U.S. dollar. The Afghanistan Living Conditions Survey (ALCS) reported that the national poverty rate has risen from 38% in 2011–12 to 55% in 2016–2017, with the slowing economic growth and a deteriorating security situation as two causes.
The Poverty Reduction Strategy (PRS) is a country-based process which leads to the formation of a Poverty Reduction Strategy Paper. [1] The paper is then presented to major donors such as the International Monetary Fund (IMF) and the World Bank for approval. Approval allows foreign aid to be given to the country. [2] Approval was given to ...
NEEDS is not just a plan on paper, it is a plan on the ground and founded on a clear vision, sound values, and enduring principles. It is a medium term strategy (2003– 07) but which derives from the country's long-term goals of poverty reduction, wealth creation, employment generation and value re-orientation.
The government is proving its commitment and willingness to develop tourism through a number of initiatives. Tourism is a featured component of Ethiopia's Poverty Reduction Strategy Paper (PRSP), which aims to combat poverty and encourage economic development.
The government's 2002 Poverty Reduction Strategy Paper acknowledges that indeed "sustained access to potable water sources has probably declined in rural areas" since 1995. [5] A main reason is poor maintenance and insufficient cost recovery, leading to the breakdown of systems shutting down water supply's, in particular those relying on pumping.
In 2000, Madagascar embarked on the preparation of a Poverty Reduction Strategy Paper (PRSP) under the Heavily indebted poor countries (HIPC) Initiative. The boards of the IMF and of the World Bank concurred in December 2000 that the country was eligible under the HIPC Initiative, and Madagascar reached the decision point for debt relief .