{"id":109206,"date":"2026-06-21T13:59:40","date_gmt":"2026-06-21T08:29:40","guid":{"rendered":"https:\/\/vajiramandravi.com\/current-affairs\/?p=109206"},"modified":"2026-06-21T16:05:55","modified_gmt":"2026-06-21T10:35:55","slug":"development-policy-financing","status":"publish","type":"post","link":"https:\/\/vajiramandravi.com\/current-affairs\/development-policy-financing\/","title":{"rendered":"Development Policy Financing"},"content":{"rendered":"<h2><b>Development Policy Financing Latest News<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">The World Bank\u2019s Board of Executive Directors Friday approved $1.5 billion financing to India under the Development Policy Financing (DPF) Operation.\u00a0<\/span><\/p>\n<h2><b>About Development Policy Financing<\/b><\/h2>\n<ul>\n<li><span style=\"font-weight: 400;\">It provides <\/span><b>rapidly disbursing financing<\/b><span style=\"font-weight: 400;\"> to help a borrower address actual or anticipated development financing requirements.<\/span><\/li>\n<li><span style=\"font-weight: 400;\">It supports borrowers in achieving <\/span><b>poverty reduction and climate-friendly sustainable<\/b><span style=\"font-weight: 400;\"> and inclusive growth through a program of policy and institutional actions.<\/span><\/li>\n<li><b>For example:<\/b><span style=\"font-weight: 400;\"> Strengthening public financial management, improving the investment climate, addressing bottlenecks to improve service delivery, and diversifying the economy.\u00a0<\/span><\/li>\n<li><span style=\"font-weight: 400;\">It can be <\/span><b>extended as loans, credits\/grants, or guarantees.<\/b><\/li>\n<li><span style=\"font-weight: 400;\">It is an<\/span><b> initiative of the World Bank.<\/b><\/li>\n<li aria-level=\"1\"><b>Funds are made available to country based on<\/b>\n<ul>\n<li><span style=\"font-weight: 400;\">Maintenance of an <\/span><b>adequate macroeconomic policy framework<\/b><span style=\"font-weight: 400;\">, as determined by the Bank with inputs from IMF assessments;\u00a0\u00a0\u00a0\u00a0<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Satisfactory implementation of the <\/span><b>overall reform program<\/b><span style=\"font-weight: 400;\">;<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Completion of a set of critical policy and institutional actions agreed between the Bank and the client<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Alignment with <\/span><b>the Goals of the<a href=\"https:\/\/vajiramandravi.com\/current-affairs\/paris-agreement\/\" target=\"_blank\"> Paris Agreement<\/a><\/b><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p><b>Source: <\/b><strong><a href=\"https:\/\/www.thehindu.com\/business\/Economy\/world-bank-approves-15-billion-financing-to-support-indias-reform-programmes\/article71123034.ece\" target=\"_blank\" rel=\"nofollow noopener\">TH<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Development Policy Financing provides quick-disbursing funds to help borrowers meet actual or anticipated development financing needs. Read more about Development Policy Financing, Latest News<\/p>\n","protected":false},"author":24,"featured_media":109238,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[8252,21,22,23],"class_list":{"0":"post-109206","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-upsc-prelims-current-affairs","8":"tag-development-policy-financing","9":"tag-prelims-pointers","10":"tag-upsc-current-affairs","11":"tag-upsc-prelims-current-affairs","12":"no-featured-image-padding"},"acf":[],"_links":{"self":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/109206","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/users\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/comments?post=109206"}],"version-history":[{"count":4,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/109206\/revisions"}],"predecessor-version":[{"id":109239,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/109206\/revisions\/109239"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media\/109238"}],"wp:attachment":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media?parent=109206"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/categories?post=109206"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/tags?post=109206"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}