Debt Sustainability and ADF Grant Eligibility
Under the previous ADF replenishments, the eligibility of countries for grant resources was linked to expenditures that aimed to address specific operational priorities, such as education, health, water and sanitation, HIV/AIDS programs, post-conflict reconstruction, and natural disaster assistance.
Since 2005, the Joint World Bank-IMF’s Debt Sustainability Framework (DSF) methodology has been used to determine each country’s risk of debt distress, the applicable financing terms and eligibility to grants.
Debt Distress Risk Classifications for 2013 ADF-12 Resource Allocation:
|Red: High risk of debt distress||Yellow: Moderate risk of debt distress||Green: Low risk of debt distress|
|(100 % Grants only)||(50% Grants and 50% Loans)||(100% Loans only)|
Sao Tome & Principe
Central African Republic
Congo Rep. of
- 09/12/2015 - AfDB approves US $53 million for water in Zimbabwe and financial reform in Chad
- 12/08/2015 - Fitch affirms African Development Bank at ‘AAA’; Outlook stable
- 29/05/2015 - Interview with Stefan Nalletamby, Director, Financial Sector Development, AfDB
- 06/02/2015 - AfDB issues 1.375% USD 1 billion global benchmark due 12 February 2020
- 03/12/2014 - AfDB issues a 6.625% ZAR 500 Million Eurobond due 9 December 2017