Poverty Reduction Strategy Papers

Poverty Reduction Strategy Papers (PRSP)  describe a country's macroeconomic, structural and social policies and programs to promote growth and reduce poverty, as well as associated external financing needs. PRSPs are prepared by governments through a participatory process that involves civil society and development partners, including the World Bank and the International Monetary Fund (IMF).

Poverty Reduction Strategy Papers provide the basis for World Bank and IMF assistance as well as debt relief under the HIPC (Heavily Indebted Poor Countries) initiative. PRSPs should be country-driven, comprehensive, partnership-oriented, and participatory. A country only needs to write a PRSP every three years; However, changes can be made to the content of a PRSP using an Annual Progress Report.

Benin’s Poverty Reduction Strategy

The Poverty Reduction Strategy Paper prepared by the Government of Benin builds on the strategy laid out in the interim Poverty Reduction Strategy Paper (I-PRSP) presented to the Boards of the International Development Agency (IDA) and the International Monetary Fund (IMF) in June 2000. The document is the result of broad-based participatory consultations at all stages of its development. The PRSP describes these consultations, profiles the nature of poverty in Benin, and presents the government’s objectives for reducing poverty over the next three years.

Benin's PRSP and other related documents are available on the World Bank's Poverty Site.

Downloads:

Benin Interim Poverty Reduction Strategy Paper  June 26, 2000 (53 KB, PDF File)
Benin Poverty Reduction Strategy Paper  2003 – 2005, March 6, 2003  (Full Report, 4.56 MB, PDF File)