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Making IDA21 Work for Africa
A successful replenishment of IDA requires individual and collective efforts from the World Bank Group, donors and borrowing countries, and other domestic and external stakeholders. However, while a robust and strong replenishment of IDA21 is an imperative amid the global polycrisis, it is not a panacea. The IDA21 policy package and operational and financing framework must be consistent with the development needs and priorities of borrowing countries. Equally important is the effective implementation of the full IDA21 package, the conditions of which must be carefully identified and met.