Uganda's Poverty Eradication Action Plan
The Poverty Eradication Action Plan (PEAP), Uganda’s equivalent of a Poverty Reduction Strategy Paper (PRSP), serves as the country’s main development strategy and planning framework for fighting poverty. Government’s overriding aim as espoused in PEAP is reducing the total number of people living in absolute poverty to less than 10% of the population by 2017 (MFPED 2001).
PRSPs are national planning frameworks for low-income countries. They are a requirement for all countries that would like to access concessional loans through the Poverty Reduction Growth Facility (PRGF) or to benefit from debt relief under the Heavily Indebted Poor Countries (HIPC) initiative. They are also the main framework around which most bilateral donors are to build their cooperation (WHO 2004).
Developed in 1997, prior to the advent of the PRSP initiative by the World Bank, PEAP is widely acknowledged to be a home-grown plan with clear national ownership and leadership. Since its formulation, PEAP has undergone two rounds of revision. The first round of revision was in 1999/2000 and it gave rise to PEAP 2001. The second round was in 2002/2003 and gave rise to the PEAP 2004.
PEAP 1997 was structured around four areas: a) macroeconomic policy, b) institutional framework for poverty eradication, c) policy framework to increase incomes of the poor, and d) measures to improve the quality of life of the poor (MFPED 1997). Following the introduction of the PRSP initiative, a mutual agreement was reached between the Government of Uganda and the World Bank to retain PEAP as Uganda’s PRSP with some improvements such as widening consultations on the plan and broadening its scope to include detailed diagnosis of poverty in the country.
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PRSPs are national planning frameworks for low-income countries. They are a requirement for all countries that would like to access concessional loans through the Poverty Reduction Growth Facility (PRGF) or to benefit from debt relief under the Heavily Indebted Poor Countries (HIPC) initiative. They are also the main framework around which most bilateral donors are to build their cooperation (WHO 2004).
Developed in 1997, prior to the advent of the PRSP initiative by the World Bank, PEAP is widely acknowledged to be a home-grown plan with clear national ownership and leadership. Since its formulation, PEAP has undergone two rounds of revision. The first round of revision was in 1999/2000 and it gave rise to PEAP 2001. The second round was in 2002/2003 and gave rise to the PEAP 2004.
PEAP 1997 was structured around four areas: a) macroeconomic policy, b) institutional framework for poverty eradication, c) policy framework to increase incomes of the poor, and d) measures to improve the quality of life of the poor (MFPED 1997). Following the introduction of the PRSP initiative, a mutual agreement was reached between the Government of Uganda and the World Bank to retain PEAP as Uganda’s PRSP with some improvements such as widening consultations on the plan and broadening its scope to include detailed diagnosis of poverty in the country.
* What's New * Site Map * Site Index * Contact Us * Glossary
-------------------------------------------------
Top of Form
Bottom of Form * Home * About the IMF * Research * Country Info * News * Videos * Data and