During the IDA14 discussions on February 18-20, 2004 in Paris, Deputies reaffirmed their commitment to maintain and safeguard IDA's financial strength. With this in view, Deputies decided to explore a grant-financing proposal for IDA13 grants that would provide a commitment for full financing in IDA14 of foregone charges, and financing of foregone principal reflows as these arise over the longer term. 2. Specifically, the proposal is to approach the...
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