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A status report on IDA7 (English)

During the last two decades, International Development Association (IDA) has been the single most significant channel of concessional assistance, institution-building, and policy dialogue for low-income developing countries. First part of this status report summarizes briefly the economic and social characteristics of IDA-eligible countries and discusses their performance and prospects. Particular emphasis is placed on the role of IDA7, not only in providing financing for countries with few options for securing external capital, but equally importantly, in assisting the creation of viable institutions and effective policies in order to achieve sustainable progress. The negotiation of the association's seventh replenishment follows the difficult experience of IDA6, in which commitment authority was severely curtailed 'and transitional arrangements for FY84 had to be instituted. The FY81-83 experience and the arrangements for FY84 are summarized in the second part. The final section of the status report, third part, reviews the following issues which will need to be addressed in the lDA7 resolution: (a) eligibility and allocations criteria; (b) terms and conditions; (c) size of IDA7; (d) burden-sharing arrangements; (e) implementation arrangements, including conditions of effectiveness, advance contributions, and commitment authority limitations; (f) payment arrangements; (g) maintenance of value; (h) voting rights; and (i) other issues.

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A status report on IDA7 (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/124961468327003663/A-status-report-on-IDA7