[PDF] Poverty Reduction Support Credits In Uganda eBook

Author : World Bank
Publisher : World Bank Publications
Page : 156 pages
File Size : 27,31 MB
Release : 2010-05-21
Category : Political Science
ISBN : 082138306X

GET BOOK

This evaluation examines the relevance and effectiveness of Poverty Reduction Support Credits (PRSCs), introduced by the Bank in early 2001 to support comprehensive growth, improve social conditions, and reduce poverty in IDA countries. PRSCs were intended to allow greater country-ownership, provide more predictable annual support, exhibit more flexible conditionality, and strengthen budget processes in a results-based framework. By September 2009, the Bank had approved 99 PRSCs totaling some $7.5 billion and representing 38% percent of IDA policy based lending. The evaluation finds that in terms of process, PRSCs were effective in easing conditionality, increasing country ownership and aid predictability, stimulating dialogue between central and sectoral ministries, and improving donor harmonization. In terms of content, PRSCs succeeded in emphasizing public sector management and pro-poor service delivery. Yet in terms of results, it is difficult to distinguish growth and poverty outcomes in countries with PRSCs from other better performing IDA countries. There is scope for further simplifying the language of conditionality and underpinning PRSCs with better pro-poor growth diagnostics. PRSCs can also strengthen their results frameworks and limit sector policy content in multi-sector DPLs to high-level or cross-cutting issues. Today, Bank policy has subsumed PRSCs under the broader mantle of Development Policy Lending and the rationale for a separate brand name although differences linger from the past. Since PRSCs and other policy-based lending have gradually converged in design, remaining differences compared to other Development Policy Loans should be clearly spelled out, or the separate PRSC brand name should be phased out.

Author : William Muhumuza
Publisher : Fountain Books
Page : 336 pages
File Size : 25,99 MB
Release : 2007
Category : Business & Economics
ISBN :

GET BOOK

Uganda's National Resistance Movement (NRM) government has used credit as one of the policy strategies to reduce poverty levels. This study examines the effectiveness of that policy. It traces the ascendance to power of NRM in 1986, when the country was in crisis, devastated by years of political turmoil and economic mismanagement; and illustrates how the NRM, with the assistance of the World Bank and the IMF, embarked on a multi-pronged strategy to reconstruct the economy and improve living conditions. Issues explored are the extent to which the sweeping reforms impacted on the welfare of the rural poor; the extent to which credit programmes have economically empowered the rural poor; and further examines whether credit initiatives created economic sustainability for the beneficiaries. Dr. William Muhumuza is an Associate Professor in the Department of Political Science at Makerere University. He specialises in the study of political economy with a focus on rural development and good governance.

Author : Mwanza Nkusu
Publisher : International Monetary Fund
Page : 36 pages
File Size : 26,65 MB
Release : 2004-09
Category : Business & Economics
ISBN :

GET BOOK

Uganda's market-friendly development strategy and poverty reduction agenda have attracted large financial inflows, including aid. During 2000-02, concerns about a possible aid-induced Dutch disease were heightened by widening macroeconomic imbalances and an upward trend in the real effective exchange rate (REER). This paper shows that the REER remained broadly stable during a 10-year period and nontraditional exports increased remarkably, contrary to the predictions of the Dutch disease model. Also, economic growth was strong. This good performance is attributed to sound macroeconomic policies and important structural reforms, which have allowed an increased use of available production factors.

Author : John Mackinnon
Publisher : World Bank Publications
Page : 64 pages
File Size : 39,52 MB
Release : 2000
Category : Agricultura - Uganda
ISBN : 9270533131

GET BOOK

Lessons from Uganda on preparing a national strategy for poverty reduction, with stakeholders participating. Uganda's experience contributed substantially to the design of the Poverty Reduction Strategy Papers.

Author : International Monetary Fund
Publisher :
Page : 153 pages
File Size : 20,59 MB
Release : 2003-09-22
Category : Poverty
ISBN : 9781451838725

GET BOOK

The Joint Staff Assessment reviews the government's progress in implementing the Uganda Poverty Eradication Action Plan (PEAP), and serves as Uganda's third annual Poverty Reduction Strategy Paper (PRSP) progress report. The Report indicates that the government has made satisfactory progress in implementing the PEAP. The staff of the Bank and IMF assessed that Uganda's efforts toward implementation of the poverty reduction strategy provide adequate evidence of its continued commitment to poverty reduction, and therefore the strategy remains a sound basis for Bank and IMF concessional assistance.