Can the IFIs pull it off?
- From: Vol 5, Issue 12 (December 2004)
- Category: General
- Region: Unspecified
- Country:
Olivia Jensen and Frederic Blanc-Brude look at how the major international financial institutions are handling local currency debt and municipal finance.
Meeting the water and sanitation Millennium Development Goals is still a distant objective. With private sector capital flows very limited, more of the pressure is falling on the development banks to inject financing. At the World Bank, lending to the water sector is regaining momentum, up from $500 million in 2000 to $1.5 billion last year and to more ...
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