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Second Poverty Reduction Support Credit

Sector: Raw Materials • Location: Armenia

Source: World Bank Group

Project
Closed

The Second Poverty Reduction Support Credit for Armenia will support policy and institutional reforms in furtherance of the official Poverty Reduction Strategy Paper (PRSP). The Poverty Reduction Support Credits (PRSCs) focus on four critical reform themes: (i) consolidating macroeconomic discipline and strengthening of governance; (ii) sharpening competition and entrenching property rights; (iii)

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The project “Second Poverty Reduction Support Credit” is an infrastructure initiative in the Raw Materials sector, located in Armenia. Taiyo aggregates data on it from World Bank Group.

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Participants

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Original status

closed

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Description

Description

The Second Poverty Reduction Support Credit for Armenia will support policy and institutional reforms in furtherance of the official Poverty Reduction Strategy Paper (PRSP). The Poverty Reduction Support Credits (PRSCs) focus on four critical reform themes: (i) consolidating macroeconomic discipline and strengthening of governance; (ii) sharpening competition and entrenching property rights; (iii) mitigating social and environmental risks, and (iv) modernizing the rural economy. The first PRSC was extended in November 2004. PRSC-II is proposed to be extended on the basis of policy and institutional reform actions taken as agreed with IDA. Subsequent PRSCs will be made available as the agreed triggers of policy and institutional reforms are satisfied.

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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