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  • Poverty Reduction Strategy Papers (PRSP) Are Prepared by Governments All Over The World Through A

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    Indra Javanese
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    Poverty Reduction Strategy Papers (PRSPs) are developed through participation with civil society and aid groups. Countries first make interim PRSPs that outline current anti-poverty strategies and plans for a full PRSP. Full PRSPs should be completed within 12 months and focus on outcomes for the poor, recognize many dimensions of poverty, and involve coordinated participation from many groups. Bangladesh created an interim strategy in 2003 and has since established groups to consult on a draft PRSP, which was submitted for approval in 2005.

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    Poverty Reduction Strategy Papers (PRSPs) are developed through participation with civil society and aid groups. Countries first make interim PRSPs that outline current anti-poverty strategies and plans for a full PRSP. Full PRSPs should be completed within 12 months and focus on outcomes for the poor, recognize many dimensions of poverty, and involve coordinated participation from many groups. Bangladesh created an interim strategy in 2003 and has since established groups to consult on a draft PRSP, which was submitted for approval in 2005.

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    10 views1 page

    Poverty Reduction Strategy Papers (PRSP) Are Prepared by Governments All Over The World Through A

    Uploaded by

    Indra Javanese
    Poverty Reduction Strategy Papers (PRSPs) are developed through participation with civil society and aid groups. Countries first make interim PRSPs that outline current anti-poverty strategies and plans for a full PRSP. Full PRSPs should be completed within 12 months and focus on outcomes for the poor, recognize many dimensions of poverty, and involve coordinated participation from many groups. Bangladesh created an interim strategy in 2003 and has since established groups to consult on a draft PRSP, which was submitted for approval in 2005.

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    Poverty Reduction Strategy Papers (PRSP) are prepared by governments all over the world through a participatory process

    involving civil society and development partners. As a first step before preparation of a PRSP, many countries develop an Interim PRSP (I-PRSP). An I-PRSP is meant to outline a countrys existing poverty reduction strategy and to provide a road-map for the development of the full PRSP (a timeline for poverty diagnostics, recognition of policy areas that need evaluation and reform, envisaged participatory process, etc). It is expected that a full PRSP should be completed within about 12 months of an I-PRSP, though more time can be taken if needed. There are five core principles underlying the development and implementation of poverty reduction strategies. The strategies should be: country-driven involving broadbased participation by civil society and the private sector in all operational steps; results-oriented focusing on outcomes that would benefit the poor; comprehensive in recognizing the multidimensional nature of poverty; partnership-oriented involving coordinated participation of development partners (bilateral, multilateral, and non-governmental); based on a long-term perspective for poverty reduction.

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    Bangladesh

    In March 2003, Bangladesh produced the National Strategy for Economic Growth, Poverty Reduction and Social Development, equivalent to the I-PRSP. This document outlines Bangladeshs strategy to reduce poverty reduction and to achieve the Millenium Goals. The strategy was shared with development partners during 2003, and formed the basis for discussions between Government and donors at the Bangladesh Development Forum in May 2003.

    In late 2003, twelve Thematic Groups were established by the Government to facilitate the process of moving towards the PRSP. These groups carried out consultations during 2004 with civil society, donors, and others and produced the draft PRSP on 12 January 2005. PRSP was submitted to the Executive Committee on the National Economic Council (ECNEC) on 18 October 2005.

    http://www.lcgbangladesh.org/prsp/index.php

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