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Blog Post
June 16, 2023
The International Monetary Fund (IMF) needs more subsidy resources to continue its concessional lending to low-income countries (LICs) at current levels. Following the example set by the United Kingdom, lenders to the IMF's Poverty Reduction and Growth Trust (PRGT) can build subsidy resources into t...
Blog Post
June 02, 2023
Current resources for the IMF's PRGT are not sufficient to support continued high demand. The problem is the lack of subsidy resources, which has worsened markedly in the current environment. Donors will have to step up or PRGT lending will be curtailed. If donors don’t step up with new commitments ...
Blog Post
May 23, 2023
In November 2021, the G20 pledged to recycle $100 billion of Special Drawing Rights (SDRs) from advanced economies to more vulnerable countries. While these countries jumped on the moment to offer public promises, they've been slower to deliver on those financial commitments. But it is likely that a...
Blog Post
May 17, 2023
Is Spain on track to become a bigger player within global development, and what is needed to ensure the reform has a lasting impact? In this blog we look at previous attempts at reform, assess what might be different this time, and conclude by providing suggestions on what policymakers could do to f...
Blog Post
March 09, 2023
Many advanced-economy countries are looking for ways to recycle their excess Special Drawing Rights (SDRs) to support more vulnerable countries whose economies are being buffeted by the economic aftermath of the COVID-19 pandemic and the Russian invasion of Ukraine. The G20 has pledged $100 billion ...
Blog Post
March 07, 2023
The EU and its member states are collectively the world’s largest aid donor, with an annual budget of over $70 billion in 2021. When it comes to global health, however, it has historically punched below its weight. In part, this is due to an internal coordination problem; health is a shared competen...