1.0MDB Reform Acceleratorhttps://mdbreformaccelerator.cgdev.orgRakan Aboneaajhttps://mdbreformaccelerator.cgdev.org/author/raboneaaj/rich600338<blockquote class="wp-embedded-content" data-secret="9TNXO5yL50"><a href="https://mdbreformaccelerator.cgdev.org/the-new-model-ifc-still-isnt-a-good-deal-for-ida-countries/">The New Model IFC Still Isn’t a Good Deal for IDA Countries</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://mdbreformaccelerator.cgdev.org/the-new-model-ifc-still-isnt-a-good-deal-for-ida-countries/embed/#?secret=9TNXO5yL50" width="600" height="338" title="“The New Model IFC Still Isn’t a Good Deal for IDA Countries” — MDB Reform Accelerator" data-secret="9TNXO5yL50" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script type="text/javascript"> /*! This file is auto-generated */ !function(c,l){"use strict";var e=!1,o=!1;if(l.querySelector)if(c.addEventListener)e=!0;if(c.wp=c.wp||{},c.wp.receiveEmbedMessage);else if(c.wp.receiveEmbedMessage=function(e){var t=e.data;if(!t);else if(!(t.secret||t.message||t.value));else if(/[^a-zA-Z0-9]/.test(t.secret));else{for(var r,s,a,i=l.querySelectorAll('iframe[data-secret="'+t.secret+'"]'),n=l.querySelectorAll('blockquote[data-secret="'+t.secret+'"]'),o=0;o<n.length;o++)n[o].style.display="none";for(o=0;o<i.length;o++)if(r=i[o],e.source!==r.contentWindow);else{if(r.removeAttribute("style"),"height"===t.message){if(1e3<(s=parseInt(t.value,10)))s=1e3;else if(~~s<200)s=200;r.height=s}if("link"===t.message)if(s=l.createElement("a"),a=l.createElement("a"),s.href=r.getAttribute("src"),a.href=t.value,a.host===s.host)if(l.activeElement===r)c.top.location.href=t.value}}},e)c.addEventListener("message",c.wp.receiveEmbedMessage,!1),l.addEventListener("DOMContentLoaded",t,!1),c.addEventListener("load",t,!1);function t(){if(o);else{o=!0;for(var e,t,r,s=-1!==navigator.appVersion.indexOf("MSIE 10"),a=!!navigator.userAgent.match(/Trident.*rv:11\./),i=l.querySelectorAll("iframe.wp-embedded-content"),n=0;n<i.length;n++){if(!(r=(t=i[n]).getAttribute("data-secret")))r=Math.random().toString(36).substr(2,10),t.src+="#?secret="+r,t.setAttribute("data-secret",r);if(s||a)(e=t.cloneNode(!0)).removeAttribute("security"),t.parentNode.replaceChild(e,t);t.contentWindow.postMessage({message:"ready",secret:r},"*")}}}}(window,document); </script> The IFC isn’t finding more private sector projects to support in IDA countries even with the backing of both PSW financing and retained earnings used to hire more staff to look for projects. Absent actual projects to invest in, PSW resources are increasingly committed to regional and global facilities that don’t disburse. That doesn’t help anyone, least of all IDA client countries. It is (still) past time to reconsider the new model for IFC and IDA.https://www.cgdev.org/sites/default/files/2022-12/IFC-financed-investments-IDA-countries.png?itok=1uh8qzoP