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Poverty Reduction Strategy Papers (PRSPs) are documents required by the International Monetary Fund (IMF) and World Bank before a country can be considered for debt relief within the Heavily Indebted Poor Countries (HIPC) initiative. [1] [2] PRSPs are also required before low-income countries can receive aid from most major donors and lenders. [2]
Once considered among the most promising economies in Southeast Asia, Myanmar is now suffering from soaring levels of poverty as a devastating civil war drives tens of millions further into ...
Myanmar’s army seized power on Feb. 1, 2021, from the elected government of Aung San Suu Kyi, arresting her and top members of her governing National League for Democracy party, whic
As a result of revisions in PPP exchange rates, poverty rates for individual countries cannot be compared with poverty rates reported in earlier editions." [11] "National poverty headcount ratio is the percentage of the population living below the national poverty line(s). National estimates are based on population-weighted subgroup estimates ...
In a report released on Friday, UNDP said the effect of the crises could push millions more people into poverty. "COVID-19 and the ongoing political crisis are compounding shocks which are pushing ...
The resulting report—"Opportunity for All: Canada's First Poverty Reduction Strategy"—was released on August 21, 2018. [2] It set the Market Basket Measure (MBM) as Canada's official measure of poverty, established Canada's first Official Poverty Line, and presented poverty reduction targets.
In December, the World Bank had projected Myanmar's economy would grow by around 2% during the current fiscal year, after estimated GDP growth of 1% in the year that ended in March 2024. "The ...
Poverty reduction, poverty relief, or poverty alleviation is a set of measures, both economic and humanitarian, that are intended to permanently lift people out of poverty. Measures, like those promoted by Henry George in his economics classic Progress and Poverty , are those that raise, or are intended to raise, ways of enabling the poor to ...