Fourth Poverty Reduction Support Credit

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The fourth poverty reduction support credit (PRSC-4) for Ghana will focus on three broad components of the new poverty reduction agenda organized under: (i) accelerated private sector-led growth, (ii) vigorous human resource development, and (iii) good governance and civic responsibility. While the PRSC-4 support will translate primarily into funding for the implementation of the GPRS II, particular attention is given leveraging the poverty emphasis of several sector focused operations by ensuring appropriate expenditure allocation (level and structure) and by addressing some of the financing implications of proposed policy actions. The PRSC-4 also focuses on cross-cutting issues related to private sector development and the strengthening of institutions, ranging from issues related to governance, public sector reform, decentralization and public financial management.