DEBT SUSTAINABILITY FRAMEWORK FOR LOW INCOME COUNTRIES : POLICY AND RESOURCE IMPLICATIONS - Part 5
DEBT SUSTAINABILITY FRAMEWORK FOR LOW INCOME COUNTRIES : POLICY AND RESOURCE IMPLICATIONS - Part 5
The starting point for the allocation of grants is the system in place for allocating IDA funds based on the PBA system that was described in the previous section. This ensures the link with policy performance that has increasingly been the basis on which IDA funds have been allocated in successive replenishments. Thereafter, the country groupings based on debt distress are used to allocate grant funds within the IDA country allocations that have been determined.