§ Lynne JonesTo ask the Secretary of State for International Development by when the World bank and IMF will report on their analysis of the poverty and social impact of substantial macro-adjustments or structural reforms supported by their programmes in poor countries. [69440]
§ Clare ShortThe International Monetary and Financial Committee (IMFC) of the Board of Governors of the IMF Communique of April 20, 2002 noted the importance of using poverty and social impact analysis and will be reviewing the progress that the World bank and IMF have made on this issue at its next meeting. This will be at the annual meetings of the World bank and IMF in autumn 2002.
To date, progress on integrating PSIA in developing countries' poverty reduction strategies has been reported in "Poverty Reduction Strategy Papers—Progress in Implementation", a bi-annual report prepared by the World bank and IMF. The next such report will be for the annual meetings of the IMF and World bank, scheduled for 28–29 September 2002.