The World Bank's IDA is facing an uphill climb ⛰️ to maintain its $100bn replenishment, as the tight global interest rate environment drives up borrowing costs. Nico Martinez & @clemencelanders.bsky.social explain how recent legislation could offer relief: https://bit.ly/4698A6z
cgdev.orgHow a Legislative Fix Could Bolster IDA’s Financing Firepower (at No Cost to the Taxpayer)The International Development Association (IDA), the World Bank’s concessional lending arm for the world’s poorest countries, is facing an uphill climb to maintain its $100 billion replenishment, fina...
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