new framework for poverty reduction was proposed by the staffs of the World Bank and IMF, and endorsed in 1999 by the Interim and Development Committees. The framework's key objective is to assist countries in developing and implementing more effective strategies to fight poverty, embodied in Poverty Reduction Strategy Papers (PRSPs). These strategies are to be prepared by governments and used to prioritize the use of public and external resources...
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OED review of the Poverty Reduction Strategy Paper (PRSP) process (Approach Paper) : Examen de l'OED sur le processus des documents de strategie pour la reduction de la pauvrete (DSRP) (French). Independent Evaluation Group (IEG) approach paper Washington DC ; World Bank. http://documents.worldbank.org/curated/en/750901468315300098