Republic of Mozambique : Evaluation of the Poverty Reduction Strategy Paper Process and Arrangements Under the Poverty Reduction and Growth Facility
The International Monetary Fund (IMF)
and the World Bank introduced the Poverty Reduction Strategy
Paper (PRSP) process in 1999 to strengthen the poverty
alleviation focus of their assistance to low-income
countries. At the IMF, the introduction of the PRSP was
accompanied by the transformation of the Enhanced Structural
Adjustment Facility (ESAF), the concessional lending window,
into the Poverty Reduction and Growth Facility (PRGF), with