Demand Projections for the Fund's Concessional Resources

Publication Date:

March 16, 2011

Electronic Access:

Free Download. Use the free Adobe Acrobat Reader to view this PDF file


Projections of demand for concessional loans under the Poverty Reduction and Growth Trust (PRGT) are subject to a high degree of uncertainty. The Fund’s financial support to low-income countries (LICs) is both cyclical and lumpy. Moreover, there are important structural changes underway that are likely to affect the frequency, nature, and size of Fund concessional lending. As a result, simple extrapolations from historical lending volumes are misleading. This paper reviews factors underlying historical lending trends and develops a methodology that can narrow down the range of possible longer-term demand scenarios.


Policy Papers



Publication Date:

March 16, 2011



Please address any questions about this title to