The Bank has prepared a new set of strategies, presented in this volume, for the two overarching objectives established (Sustainable Economic Growth and Poverty Reduction and Promotion of Social Equity) and for each of the four priority areas highlighted in the Institutional Strategy...

The Bank has prepared a new set of strategies, presented in this volume, for the two overarching objectives established (Sustainable Economic Growth and Poverty Reduction and Promotion of Social Equity) and for each of the four priority areas highlighted in the Institutional Strategy...

The Kingdom of Lesotho’s Poverty Reduction Strategy Paper reports that consistent implementation of sound macroeconomic policies is critical to the attainment of poverty reduction objectives. At the central level, the authorities established sector working groups to facilitate the...

Growth is pro-poor if the poverty measure of interest falls. This implies three potential sources of pro-poor growth: (a) a high rate of growth of average incomes; (b) a high sensitivity of poverty to growth in average incomes; and (c) a poverty-reducing pattern of growth in relative incomes. I...