Approved by IDA’s Executive Directors on June 9, 2020, the Sustainable Development Finance Policy (SDFP) became effective on July 1, 2020. The policy aims to incentivize countries to move towards transparent and sustainable financing, among others to make debt more transparent, and to further enhance coordination between IDA and other creditors in support of the countries’ reform efforts towards a sustainable development finance. This is especially important now, given the critical importance of addressing debt vulnerabilities in the many IDA countries that have seen a recent rise. The policy has two pillars: the (i) Debt Sustainability Enhancement Program (DSEP); and the (ii) Program of Creditor Outreach (PCO).
Detalhes
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Data do documento
2021/03/23
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TIpo de documento
Relatório da Diretoria Executiva
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No. do relatório
161052
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Nº do volume
1
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Total Volume(s)
1
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País
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Região
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Data de divulgação
2021/06/25
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Disclosure Status
Disclosed
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Nome do documento
International Development Association's Sustainable Development Finance Policy : Proposed Adjustment of the Set-Aside Mechanism
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Palavras-chave
risk of debt; debt sustainability framework; global economic prospect; conflict and violence; debt management capacity; sustainable fiscal policy; Learning and Innovation Credit; incentive structure; reform effort; satisfactory progress; public credit; Public-Private Partnership; low risk; contingent liability; financial sustainability; permanent loss; several years; restrictive rule; limited resources; global poverty; rising debt; existing debt; sustainable financing; creditor coordination; first year; natural disaster; contingent liabilities; fiscal risk
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