Donors fail to hit expectation for IDA20 despite record $93B haul

The latest capitalization round for the World Bank’s fund for the lowest-income nations secured a $93 billion replenishment package — a record haul — but the number is shy of expectations.

“The overall IDA replenishment size does not have to be limited by overall flat donor contributions,” Clemence Landers, a policy fellow at the Center for Global Development, told Devex, adding that the bank could use "IDA’s hybrid financing model’s surge potential" if country demand for concessional capital grows.