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Compensating IDA for the cost of IDA 14 Grants (Inglés)

During the IDA 13 replenishment period (FY03-05), 18-2 1% of IDA's development assistance is expected to be delivered in the form of grants. Grants require no repayment from recipients and therefore reduce future reflows available to IDA and its borrowers. IDA Deputies agreed to discuss the grant compensation issue at the IDA 13 Mid-Term Review and "decide at that time on an equitable mechanism to provide for grant financing requirements? The purpose...
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