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- Title
*PRGF.
- Abstract
The article offers information on the Poverty Reduction and Growth Facility, or PRGF. According to the author, the PRGF is a concessional facility by the International Monetary Fund for low-income countries. The programs by the PRGF are centered on poverty reduction strategies, which involve civil society, and development partners by the Poverty reduction Strategy Paper, or PRSP. Loans credited by the PRFG has an annual interest of 0.5 percent, which are payable for ten years with a grace period of 5.5 on principal payments.
- Subjects
INTERNATIONAL Monetary Fund; STRATEGIC planning; INTERNATIONAL cooperation on poverty; INTERNATIONAL cooperation on finance; FINANCIAL aid; INTERNATIONAL economic assistance; SOCIAL contract; LOANS; SOCIAL problems; INTERNATIONAL cooperation
- Publication
Africa Research Bulletin: Economic, Financial & Technical Series, 2007, Vol 44, Issue 12, p17667
- ISSN
2053-227X
- Publication type
Article