fatvegan

Poverty Reduction and Growth Facility arrangements seek to promote poverty reduction by removing impediments to strong, sustainable growth and a viable external position. IMF Conditionality Guidelines

The Poverty Reduction and Growth Facility looks pretty similiar to what I'd expect to see if I was to develop a Poverty Perpetuation and Growth Facility. In fact I get the impression that the biggest difference between the old Growth Facility and the new Poverty Reduction and Growth Facility is the first two words. I like the IMF in many respects, but they sure say a lot of funny things.