Programmatic Governance Reform & Growth

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The Programmatic Governance Reform and Growth Grant is a development policy grant to the Republic of Sierra Leone to finance its Poverty Reduction Strategy (PRS). The central goal for poverty in the PRS is a restatement of the first Millennium Development Goal: by 2015 the proportion o f people whose income is less than one dollar a day should be reduced to half the 1990 level o f 82 percent, from the current base of 70 percent in 2003/04. This is to be achieved through a very ambitious growth rate of 8-9 percent per annum. This growth rate, in turn, will be promoted by actions to be taken under the three components of the PRS: i) good governance, security and peace building; ii) pro-poor sustainable growth for food security and job creation; and iii) human development.