July 17, 2024
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18 June - Are PRSPs in Sub-Saharan Africa as Effective as Expected?

Thursday, 18 June 2015 00:00

IMFA new IMF publication takes stock of poverty reduction strategies implemented in Sub-Saharan Africa, in the context of Poverty Reduction Strategy Papers (PRSP). This paper finds that there is no conclusive evidence that its implementation has played a role in reducing poverty and increasing the income share of the poor. In fact, the research reveals that despite PRSP countries’ post-crisis economic resilience, the poverty headcount has not reduced and growth has more than proportionately benefited the top quintile during PRSP implementation.


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