Support to Poverty Reduction

Project Background

Ongoing project created in 2004 to provide macro level policy support and advocacy on hand, and direct implementation of micro-level interventions in microfinance, agriculture and the private sector. Macro level support up to December 2007 included the provision of technical (advisory) and material support to support to key government institutions, including the Office of the President, Vice President, the Ministries of Development and Economic Planning, Agriculture, Trade and Industry, and Foreign Affairs and International Cooperation.

In accordance with the new programming cycle (CPAP 2008-2010), two major adjustments were made on this project, namely:

  1. activities related to microfinance and agriculture were redesigned into a new and separate award (No. 0049283) aimed at promoting inclusive finance and the development of local (agricultural) enterprises.

  2. Only activities related to Macro-economic policy support (preparation of the PRSP, NHDR, PETS, MTEF), MDGs, private sector development, aid coordination and effectiveness have remained under the “Support to Poverty Reduction” project.


Project Objectives

Given the new aid architecture in Sierra Leone and the vision and business approach of the new government, this project is designed to facilitate the formulation of sound economic development policies fully aligned with the MDGs. In order to ensure evidence-based policy formulation and implementation monitoring, the project also supports relevant government institutions, especially MoFED, DACO and SSL, to establish and run appropriate data management systems.


Project Outcome

  • Policy and advocacy tools prepared and/or disseminated as a means to promoting effective dialogue among various stakeholders. (MDG, HDR and survey reports such as PETS and MTEF).

  • Second generation Poverty Reduction Strategy (PRSP II) prepared, approved and funded.

  • Increased awareness about MDGs through information campaigns and ‘best practice’ demonstration programmes.

  • Development Assistance Database (DAD) and Development Information (DevInfo) systems up and running.

  • Data from Development Assistance Database (DAD) being utilized for preparing Development Assistance Report (DAR).
     

Links with Millennium Development Goals (MDGs)

Goal 8 - Develop a global partnership for development


Related Document

2nd Quarter Report: April - June 2008

PRSP Progress Report

Sierra Leone Poverty Reduction Strategy Paper (2005 - 2007)