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Poverty Reduction Strategy Papers (PRSP)

Background

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 Heavily Indebted Poor Countries (HIPC) 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.  For more information, please refer to the World Bank Povertynet website.

Mauritania Poverty Reduction Strategy Paper

Mauritania prepared its first Poverty Reduction Strategy Paper (PRSP) in December 2000 based on a participatory approach involving all stakeholders in the country’s development -- the government, civil service, local representatives, civil society, the private sector, and a donor committee representing all development partners and creditors.

The poverty reduction strategy was built upon four main themes:

Accelerate economic growth, improve the economy’s competitiveness and reduce its dependence upon exogenous factors.

Develop human resources and access to essential infrastructures.

Develop the growth potential and productivity of the poor

  

Promote true institutional development based upon good governance and on full participation of all parties involved in poverty alleviation.

 

 


A new PRSP is currently under development. For more, see the PRSP Action Plan for 2006-2010.

 




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