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Poverty Reduction Strategies

World Bank launches the Africa Catalytic Growth Fund

Ignacio Hernandez's picture

The World Bank launched recently the Africa Catalytic Growth Fund (ACGF). Its goals:

 

To provide rapid, targeted support to countries with credible programs to accelerate growth, poverty reduction, and attainment of the Millennium Development Goals (MDGs).

 

The fund is designed to complement efforts by African leaders and Africa’s international partners to respond to the diversity of experience across the continent, using an innovative approach.

 

Poverty Reduction in the Middle East and North Africa

Ignacio Hernandez's picture

The World Bank has recently published the report Sustaining Gains in Poverty Reduction and Human Development in the Middle East and North Africa. The report states that there has been little progress in poverty reduction in the MENA region since the mid 1980s. The slow growth can be at the origin of this lack of progress in poverty reduction.

 

In an interview, Farrukh Iqbal, Lead Economist and author of the report, talks about the relationship between growth and poverty in the region:

 

New White Paper on International Development

Ignacio Hernandez's picture

DFID is preparing a new White Paper on International Development which "will set out what the UK government will do - in developing countries, in the UK and internationally to translate the promises of 2005 into better lives for poor people in poor countries".

 

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