2022
DOI: 10.18235/0004438
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Trends and Features of Policy-Based Lending at the Inter-American Development Bank

Abstract: Policy-based lending is an important element within the toolbox of multilateral development banks to assist countries that need budget support and/or that are embarked on institutional changes or reforms. This Technical Note reviews different aspects of policy-based loans (PBLs) to gain a fresh perspective on their structural and financial features. It examines policy-based loans through the lens of their dual goals of providing beneficiary countries with flexible, liquid, and timely funding to meet their fina… Show more

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Cited by 2 publications
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“…Despite this increased focus, it is worth noting that only a small percentage of policy-based loans target the education sector. Between 1990-2021, education and social protection projects made up only 7% of the Inter American Development Bank's policy-based loans (Avellán et al 2022), while a mere $300m of ADB's $14.2bn committed to policy-based lending is allocated for education for the years 2022-2024 (ADB 2022).…”
Section: Policy Borrowing In the Current Environmentmentioning
confidence: 99%
“…Despite this increased focus, it is worth noting that only a small percentage of policy-based loans target the education sector. Between 1990-2021, education and social protection projects made up only 7% of the Inter American Development Bank's policy-based loans (Avellán et al 2022), while a mere $300m of ADB's $14.2bn committed to policy-based lending is allocated for education for the years 2022-2024 (ADB 2022).…”
Section: Policy Borrowing In the Current Environmentmentioning
confidence: 99%