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2021 Development Policy Financing Retrospective : Facing Crisis, Fostering Recovery (English)

This report is the fifth Development Policy Financing (DPF) Retrospective. DPF, one of the Bank’s three complementary financing instruments, is non-earmarked budget financing that supports policy and institutional reforms to help clients achieve sustainable growth and poverty reduction. The Bank has periodically reviewed the trends and performance of DPFs, with a view to strengthen its relevance as a financing instrument for Bank clients. This Retrospective presents key takeaways on trends and performance of DPFs and their role in supporting development priorities. The analysis is focused on DPFs committed between July 2015 and June 2021 (the “Retrospective period”).


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    2021 Development Policy Financing Retrospective : Facing Crisis, Fostering Recovery

  • Keywords

    Operational Policy and Country Services; poverty and social impact analysis; role of development; Development Policy Financing; Fiscal and Debt Sustainability; impact of climate change; economic opportunities for woman; progress towards gender equality; effect of climate change; Environmental and Social Impact; dropout rate of girl; trade facilitation and logistics; climate change action plan; climate co-benefits; climate change adaptation; global financial crisis; risk of debt; source of financing; domestic resource mobilization; social protection system; Public-Private Partnership; disaster risk management; impact of tax; voice and agency; opportunity for woman; control of asset; policy and institution; country income group; debt management reform; barrier to entry; areas of health; oil price crisis; public debt sustainability; climate smart agriculture; debt sustainability analysis; global public good; Access to Education; Gender-Based Violence; Public Finance Management; land use plan; Water Resource Management; climate change mitigation; outbreak of disease; education for girl; identification of beneficiary; analytical and advisory; social and gender; quality of policy; private capital investment; persistent gender gap; access to property; Business Enabling Environment; operational risk assessment; public sector efficiency; fragile and conflict; macroeconomic policy framework; social risk management; access to information; per capita term; ownership of reform; public utility reform; debt sustainability issue; per capita income; assessment of risk; affected country; Crisis Preparedness



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2021 Development Policy Financing Retrospective : Facing Crisis, Fostering Recovery (English). Washington, D.C. : World Bank Group.