The Replenishment Deputies meeting was preceded by a day-long discussion with Asian opinion leaders on critical development issues, particularly private sector development, deepening development partnerships, and accelerating broad-based growth. Participants expressed their sincere appreciation to the government of the Republic of Vietnam for hosting the meeting, and for providing delegates with an opportunity to observe a number of development projects at the conclusion of the meeting. Participants agreed that the use of grants in International Development Association (IDA) should be anchored in the assessment of countries debt sustainability. And they discussed the regional development challenges and strategies for IDA14 with the Vice Presidents for four of IDAs major regions. They stressed the importance of supporting country-led poverty reduction strategies and continued efforts to maximize IDAs quality and development effectiveness. Participants welcomed an update by the Chief Economist on the development of a long run, country specific framework for the millennium development goals (MDGs), incorporating growth, absorptive capacity and the monitoring of aid effectiveness in IDA countries.
Details
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Document Date
2004/07/11
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Document Type
Board Report
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Report Number
29724
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Volume No
1
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Total Volume(s)
1
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Country
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Region
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Disclosure Date
2010/06/24
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Disclosure Status
Disclosed
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Doc Name
IDA-14 Replenishment Deputies Meeting : Chairman's Summary
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Keywords
millennium development goal;multilateral development bank;grant allocation;country classification;debt sustainability;financial framework;opinion leaders;borrower country;Donor countries;financing need;absorptive capacity;
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Citation
IDA-14 Replenishment Deputies Meeting : Chairman's Summary (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/267191468320358785/IDA-14-Replenishment-Deputies-Meeting-Chairmans-Summary