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Blog Post
June 16, 2023
The International Monetary Fund (IMF) needs more subsidy resources to continue its concessional lending to low-income countries (LICs) at current levels. Following the example set by the United Kingdom, lenders to the IMF's Poverty Reduction and Growth Trust (PRGT) can build subsidy resources into t...
Blog Post
June 02, 2023
Current resources for the IMF's PRGT are not sufficient to support continued high demand. The problem is the lack of subsidy resources, which has worsened markedly in the current environment. Donors will have to step up or PRGT lending will be curtailed. If donors don’t step up with new commitments ...
Blog Post
May 23, 2023
In November 2021, the G20 pledged to recycle $100 billion of Special Drawing Rights (SDRs) from advanced economies to more vulnerable countries. While these countries jumped on the moment to offer public promises, they've been slower to deliver on those financial commitments. But it is likely that a...
POLICY PAPERS
May 19, 2023
Most non-DAC cooperation providers show openness to multi-partner engagement for development, but whether and how such openness can be transformed into more active cooperation—if not deeper collaboration—for development, including between DAC and non-DAC actors, remains to be seen.
Blog Post
May 19, 2023
In recent years, the international constituency for development has expanded beyond the Organisation for Economic Cooperation and Development's (OECD) Development Assistance Committee (DAC). At a time when the global nature of development challenges requires utilizing diverse skills, knowledge, and ...
May
9
2023
10:00—11:30 AM ET / 3:00-4:30 PM BST
May 02, 2023
The IMF established the Resilience and Sustainability Trust (RST) in April 2022 and five countries now have programs with the IMF under the RST. During this event, panelists will discuss the challenges in putting together the RST-supported programs and the nature of the conditions for lending under ...
Apr
11
2023
12:30—2:00 PM ET 5:30-7:00 PM BST In-person and Online
April 04, 2023
In the wake of COVID-19, African countries are set to receive special drawing rights to boost their economies. However, there is a need to increase African agency in development financing – including in the deployment of SDRs to best meet African development agendas such as Agenda 2063. During COVID...