Poverty Reduction Strategy Papers are prepared by the member country in collaboration with the staffs of the World Bank and the IMF as well as civil society and development partners. These documents, which are updated annually, describe the country’s plan for macroeconomic, structural, and social policies for three-year economic adjustment programs to foster growth and reduce poverty, as well as associated external financing needs and major sources of financing. A PRSP must be broadly endorsed by the boards of both Bank and Fund to provide a basis for both institutions’ programmes in low-income countries and for countries to qualify for debt relief under the HIPC initiative.
Site is hosted by the IMF and contains:
- Country Papers: the PRSPs and Interim PRSPs (IPRSPs) submitted so far by low-income countries
- Policy Papers: including guidelines for preparing a PRSP, terms of reference and updates on the PRSP process
- Other PSRP Documents