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, 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.

Bibliographic Details

Main Author:	Independent Evaluation Group
Language:	English
Published:	Washington, DC: World Bank 2010
Subjects:	ACCOUNTABILITY, ACCOUNTING, ADJUSTMENT LENDING, ADJUSTMENT LOANS, ADJUSTMENT OPERATIONS, AFRICAN DEVELOPMENT BANK, AID COORDINATION, ANNEXES, BALANCE OF PAYMENTS, BANK LENDING, BANK LOANS, BANK POLICY, BENCHMARKS, CAPACITY BUILDING, CAPACITY CONSTRAINTS, CAS, CASS, CIVIL SOCIETY, COMPLAINTS, COMPREHENSIVE DEVELOPMENT, COMPREHENSIVE DEVELOPMENT FRAMEWORK, CORRUPTION, COUNTRY ASSISTANCE, COUNTRY ASSISTANCE STRATEGIES, COUNTRY ASSISTANCE STRATEGY, COUNTRY CASE STUDIES, COUNTRY DEBT, COUNTRY PROGRAM, CREDIBILITY, CREDITS, DEBT, DEBT MANAGEMENT, DEBT RELIEF, DEVELOPMENT ASSISTANCE, DEVELOPMENT BANK, DEVELOPMENT POLICY, DEVELOPMENT STRATEGIES, DEVELOPMENT STRATEGY, DISBURSEMENT, DISBURSEMENTS, DOMESTIC DEBT, DONOR AGENCIES, ECONOMIC GROWTH, EMPLOYMENT, ENABLING ENVIRONMENT, EXPENDITURE, FINANCIAL CRISIS, FINANCIAL MANAGEMENT, FUNGIBLE, GDP, GOVERNANCE ISSUES, GOVERNMENT BORROWING, GOVERNMENT BUDGET, GOVERNMENT EXPENDITURES, GOVERNMENT POLICY, GOVERNMENT REFORM, GOVERNMENT SPENDING, GROSS DOMESTIC PRODUCT, HEAVILY INDEBTED POOR COUNTRIES, HIPC, HOST GOVERNMENTS, INCOME, INITIATIVE, INSTRUMENT, INTERNATIONAL BANK, INTERNATIONAL DEVELOPMENT, INTERNATIONAL FINANCE, INVESTMENT CLIMATE, LABOR MARKET, LEADERSHIP, LEGAL AGREEMENTS, LENDERS, LENDING INSTRUMENT, LENDING PORTFOLIO, LOAN, LOAN AMOUNTS, MACROECONOMIC ADJUSTMENT, MISSIONS, MONETARY FUND, MULTILATERAL DEVELOPMENT BANKS, NATIONAL INCOME, OFFICIAL DEVELOPMENT ASSISTANCE, POLITICAL ECONOMY, PORTFOLIO, PROCUREMENT, PROJECT PERFORMANCE, PUBLIC FINANCE, REGULATORY FRAMEWORK, RESERVES, RESOURCE ALLOCATION, RESOURCE MOBILIZATION, SECTOR PROJECTS, SECTORAL OBJECTIVES, SERVICE DELIVERY, SETTLEMENT, SOCIAL SERVICES, STRUCTURAL ADJUSTMENT, SUBSIDIARY, TRADE LIBERALIZATION, TRANCHE, TRANSACTION, TRANSACTION COSTS, TRANSPARENCY, WATER SUPPLY,
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 https://hdl.handle.net/10986/2470
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