[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-detail-111470-en":3,"doc-seo-111470-105":30,"detail-sidebar-cat-0-en-105":91},{"code":4,"msg":5,"data":6},0,"success",{"doc_id":7,"user_id":8,"nickname":9,"user_avatar":10,"doc_module":4,"category_id":11,"category_name":12,"doc_title":13,"doc_description":14,"doc_content":15,"file_id":16,"file_url":17,"file_type":18,"file_size":19,"view_count":20,"is_deleted":4,"is_public":21,"is_downloadable":21,"audit_status":21,"page_count":22,"language":23,"language_code":24,"site_id":25,"html_lang":24,"table_of_contents":26,"faqs":27,"seo_title":13,"seo_description":14,"update_tm":28,"read_time":29},111470,2336464648322,"Aria","https://ap-avatar.wpscdn.com/avatar/2200025388227c56fec?_k=1778556882303663488",8,"Research & Report","Sustainable Development Finance Policy of the International Development Association - FY25 Implementation Update and Policy Enhancements - Policy briefing","Sustainable Development Finance Policy of the International Development Association presents the FY25 implementation update and targeted policy enhancements under Development Finance, Corporate IDA & IBRD (DFCII). The document defines relevant fiscal and monetary context, expands acronym guidance, and outlines the approach through four core components: the Debt Sustainability Enhancement Program, FY24-to-FY25 policy action preparation, the Program of Creditor Outreach, and cross-MDB policy implications. Annexes provide global debt development evidence and detailed implementation information for the new incentive mechanism.","Public Disclosure Authorized Public Disclosure Authorized  \nSUSTAINABLE DEVELOPMENT FINANCE POLICY OF THE INTERNATIONAL DEVELOPMENT ASSOCIATION:  \nFY25 IMPLEMENTATION UPDATE AND POLICY  \nENHANCEMENTS  \nDevelopment Finance, Corporate IDA & IBRD (DFCII)  \nACRONYMS AND ABBREVIATIONS  \nFiscal Year (FY) = July 1 to June 30 All dollar amounts are US dollars  \nAfDB  \nAIIB  \nAsDB  \nCRDC  \nDPF  \nDSA  \nDSEP  \nFCV  \nGDP  \nGSDR  \nIAN  \nIDA  \nIDA21  \nIFAD  \nIMF  \nLIC  \nLIC DSF  \nMAC  \nAfrican Development Bank Asian Infrastructure Investment Bank  \nAsian Development Bank Climate-Resilient Debt Clause Development Policy Financing Debt Sustainability Analysis  \nDebt Sustainability Enhancement Program  \nFragility, Conflict, and Violence Gross domestic product  \nGlobal Sovereign Debt Roundtable Implementation Assessment Note International Development Association  \n21st Replenishment of IDA International Fund for Agricultural Development  \nInternational Monetary Fund Low-income country  \nDebt Sustainability Framework for Low-Income Countries Sovereign Risk and Debt  \nSRDSF  \nMDB  \nMCDF  \nNCB  \nOECD  \nOP 7.30  \nPBA  \nPCO  \nPPA  \nPPG  \nRECA  \nSACU  \nSDFP  \nSOE  \nSIEE  \nSEE  \nVAT  \nSustainability Framework for Market Access Countries  \nMultilateral development bank  \nMultilateral Cooperation Center for Development Finance  \nNon-concessional borrowing Organisation for Economic Cooperation and Development Operation Policy 7.30 Performance-Based Allocations Program of Creditor Outreach Performance and Policy Action Public and publicly guaranteed Remaining Engaged in Conflict Allocation  \nSouthern African Customs Union Sustainable Development Finance Policy  \nState-owned enterprises  \nSmall Island Economies Exception  \nSmall States Exception Value-added tax  \nTABLE OF CONTENTS  \nEXECUTIVE SUMMARY ........................................................................................................... i  \nI. INTRODUCTION................................................................................................................... 1  \nII. DEBT SUSTAINABILITY ENHANCEMENT PROGRAM ............................................. 2  \nA. FY24 Implementation and FY25 Formulation of PPAs ..................................................... 2  \nB. Strengthening the SDFP...................................................................................................... 7  \ni. Review of FY24 Policy Enhancements ..................................................................... 7  \nii. Transitioning from a Negative Set-Aside to a Positive Incentive.............................. 9  \nIII.PROGRAM OF CREDITOR OUTREACH ...................................................................... 11  \nIV. CONCLUSION ..................................................................................................................... 15  \nLIST OF ANNEXES  \nAnnex 1. Global Debt Development............................................................................................. 17  \nAnnex 2. Implementation of DSEP .............................................................................................. 21  \nAnnex 3. Additional Details on the New Incentive Mechanism .................................................. 28  \nAnnex 4. Sustainable Development Finance Policies Across MDBs........................................... 29  \nTABLE OF FIGURES, BOXES, AND TABLES  \nFIGURES  \nFigure 2. 1. Evolution of the PPAs Approved in FY21 – FY25 ..................................................... 3  \nFigure A1 . 1. Public Debt Trends in IDA Countries: Median Public Debt-to-GDP Ratio by Country Groups ................................................................................................. 17  \nFigure A1 . 2. Public Debt Trends in IDA Countries: Median Public Debt-to-GDP Ratio by Region ............................................................................................................... 17  \nFigure A1 . 3. Evolution of LIC DSA Debt Risk for IDA Countries: Ex","cbCaifrLusikoP7m","https://ap.wps.com/l/cbCaifrLusikoP7m","pdf",737892,2,1,35,"English","en",105,"# Executive Summary\n# Introduction\n# Debt Sustainability Enhancement Program\n## FY24 Implementation and FY25 Formulation of PPAs\n## Strengthening the SDFP\n## Review of FY24 Policy Enhancements\n## Transitioning from a Negative Set-Aside to a Positive Incentive\n# Program of Creditor Outreach\n# Conclusion\n# List of Annexes\n## Global Debt Development\n## Implementation of DSEP\n## Additional Details on the New Incentive Mechanism\n## Sustainable Development Finance Policies Across MDBs\n# Table of Figures, Boxes, and Tables","[{\"question\":\"What is the purpose of the FY25 Sustainable Development Finance Policy update?\",\"answer\":\"It provides an FY25 implementation update and policy enhancements for the International Development Association, focused on debt sustainability and related program actions.\"},{\"question\":\"How 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