Fourth Poverty Reduction Support Credit

closed

Closed

The Fourth Poverty Reduction Support Credit (PRSC-4) is the second in a PRSC series designed to assist the Government of Mozambique (GoM) to implement key policy actions outlined in its Second Action Plan for the Reduction of Absolute Poverty (known as PARPA 11 by its Portuguese acronym) and in the Performance Assessment Framework. The operation will help the Government to maintain macroeconomic stability while it continues to pursue a reform agenda that cannot be fully financed from domestic sources. The reforms will enable Mozambique to make further progress in reducing absolute poverty, improving the delivery of services and achieving the Millennium Development Goals (MDGs). The alignment with the general budget support programs of 18 other donors and a joint focus on the priorities set out by the Government in its comprehensive poverty reduction strategy, and on a common set of indicators to measure progress, should help improve the resource flow and improve aid effectiveness, thereby enhancing the chances of progress towards the MDGs.

FY17 - Agriculture, Fishing and Forestry,FY17 - Public Administration,FY17 - Transportation

World Bank Group

Project

Road, Raw Materials, Government