PRSC 1

closed

The First Poverty Reduction Support Credit (PRSC-1) in Mali is the first in a series of operations supporting implementation of Mali's Growth and Poverty Reduction Strategy Framework (GPRSF) through the following three components: the first component focuses on strengthening the links between the GPRSF and the macroeconomic and budget frameworks, and strengthening public finance management (including procurement). The second component comprises growth-enhancing measures in the financial sector, private sector, transport and transit facilitation, electricity, cotton, and the Office du Niger irrigation zone. The third component focuses on improving access to basic social services, notably health and social development and rural water supply and sanitation. The report also highlights operation and implementation issues such as poverty and social impacts, monitoring and evaluation, fiduciary aspects, disbursement and monitoring, environmental aspects, and risk mitigation.