Poverty Reduction Support Credit (10)

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The Tenth Poverty Reduction Support Grant Program (PRSG-10) for Burkina Faso aims to assist the authorities~^!!^ efforts to cope with the impact of the global economic crisis and maintain the momentum of reforms to achieve critical developmental objectives. While PRSG-10 will translate primarily into funding for the PRSP-11 implementation, additional resources under the pilot crisis response window are set aside to help the Burkinabe authorities address the impact of the global economic crisis in the cotton sector, improve the country~^!!^s capacity to export cut meats and sustain support to small and medium enterprises. The development objectives of PRSG-10 are to: (i) improve the investment climate and promote exports with three intermediate results: (a) the recovery and competitiveness of the cotton sector; (b) export diversification; and (c) private investment promotion; (ii) protect access to decentralized quality services with two intermediate results: (a) the enabling of municipal competencies on school investment decisions; and (b) the improved transparency in the execution of municipal budgets; and (iii) promote efficiency, transparency and accountability in the use of public resources with three intermediate results: (a) the deconcentration of public procurement functions; (b) the strengthening of financial control to oversight the effective delivery of goods, works and services; and (c) the development of the sanction capacity of the court of account.