In recent years, bilateral aid channeled through multilateral organizations like the World Bank has become an important vehicle for concessional finance for development. At the end of FY09, the World Bank held US$23.9 billion in trust, an amount that has doubled since FY05. While much of the growth reflects the increase in large Financial Intermediary Funds (FIFs), there has also been a rapid increase in Recipient Executed Trust Funds (RETFs). This...
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2010/03/01
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Documento de Trabalho (Série Numerada)
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58951
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1
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1
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2011/01/13
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Disclosed
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Analysis of recipient executed trust funds
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Fragile & Conflict-Affected States
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