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      <title>Serendipity: World Bank case study reflection by ROZYLEEN CHAUDHARY</title>
      <link>https://padlet.com/rozyleen_chaudhary/trsrphcmipvwuu64</link>
      <description>In your post add:
Guiding Questions
1. What do you understand by Concessional Financing?
2. What do you think, Why middle income countries are not eligible for Concessional Financing?
3. What is the objective of Concessional Financing of World Bank?
4. Identify and one possible Financial solution.
5. How does it works? Only in points.
6. Mention the role of World Bank in Concessional financing. 
7. Write your understanding on outcomes of concessional financing and world bank.</description>
      <language>en-us</language>
      <pubDate>2020-08-05 06:07:11 UTC</pubDate>
      <lastBuildDate>2021-07-14 04:58:58 UTC</lastBuildDate>
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      <item>
         <title>DIYA RATHOD </title>
         <author></author>
         <link>https://padlet.com/rozyleen_chaudhary/trsrphcmipvwuu64/wish/1641684966</link>
         <description><![CDATA[<div>1. concessional finance is loans which have more of a generous&nbsp; terms. they provide money at sharply reduced interest rates.<br><br>2. Because concessional financing is only for very poor countries.<br><br>3.World<br>Bank is helps poor countries<br>overcome the challenges of financing<br>refugee assistance and management.<br><br>World Bank Treasury Financial Products<br>team, as part of the CFF’s coordination unit, works<br>closely with the ISA team and the benefiting country,<br>calculating the amount of funding required to reduce<br>the non-concessional interest rate to concessional<br>terms. The formula computes the difference between<br>the non-concessional and concessional interest rates<br>on a net present value basis. The Concessionality<br>Spread is recalculated quarterly to ensure that it<br>reflects market movements.<br><br>4. One of the possible financial solution is to pursue Concessional Funding since its a very efficient, clean and cost effective solution, designed to fill the gap between short term humanitarian assistance and development<br>financing. This also provides country with affordable financing to allow them to pursue their longer term development goals.<br><br>5.</div>]]></description>
         <enclosure url="" />
         <pubDate>2021-07-08 08:53:05 UTC</pubDate>
         <guid>https://padlet.com/rozyleen_chaudhary/trsrphcmipvwuu64/wish/1641684966</guid>
      </item>
      <item>
         <title>Saanvi Mehra </title>
         <author></author>
         <link>https://padlet.com/rozyleen_chaudhary/trsrphcmipvwuu64/wish/1641685319</link>
         <description><![CDATA[<div>1 . Concessional financing is when a loan with no or less interest.<br><br>2 . Concessional financing is not for middle income countries because middle income can solve their issues without any financial help as they have proper financial conditions.&nbsp;<br><br>3 . The objective of Concessional financing of world bank has a objective of providing a long term investment for economy capital or economy reconstruction.<br><br>5. So, World bank provide loans to poor countries and help them in reconstruction of economy or help them by investing in capital of economy.<br><br>6. The role of world bank in concessional financing is to provide the country with long term investment with less or no interest rate.<br><br>7 . The outcomes of&nbsp;world bank and concessional financing is that many countries get loan from world bank and develop their economy or reconstruct their economy for development. </div>]]></description>
         <enclosure url="" />
         <pubDate>2021-07-08 08:53:32 UTC</pubDate>
         <guid>https://padlet.com/rozyleen_chaudhary/trsrphcmipvwuu64/wish/1641685319</guid>
      </item>
      <item>
         <title>Nishka</title>
         <author></author>
         <link>https://padlet.com/rozyleen_chaudhary/trsrphcmipvwuu64/wish/1641685878</link>
         <description><![CDATA[<div>&nbsp;1. Concessional Financing is where the terms and conditions of taking a loan and the interests are not strict as much as a normal loan is. They have different set of rules and regulations where strictness is follwed but not to that extent because of the financial status of poor countries, like giving time extenstions.<br>2.&nbsp; Concessional Financing is not eligible for middle income countries or core countries because they have a good finacial status, the reason is because they dont have so much funds to help all the countries in the world including the core countries and semi-pery-phery countries also because world bank has a aim of reducing the strictness of loans for poor countries.&nbsp;<br>3. The main objective of World bank is to help in terms of finanical for poor country so that they have of balance of the expences also so that the strictness of the loan taking and the interest wise.&nbsp;<br>4. World bank is acting as a finincial solution for the poor countries itself because they help poor countries finacially by giving loans and helping them reduce the interest, as in the Countries like Jordan, World bank has played a significant role by helping them finacially, like ways World bank helps as a finicial solution.<br>5.&nbsp;World bank works with the sytem where world bank becomes a bit lienient with the poor countries if there is a possiblity of them taking loans and not returing in the given amount of time and the specific interest taken.;;oli<br><br></div>]]></description>
         <enclosure url="" />
         <pubDate>2021-07-08 08:54:13 UTC</pubDate>
         <guid>https://padlet.com/rozyleen_chaudhary/trsrphcmipvwuu64/wish/1641685878</guid>
      </item>
      <item>
         <title>Tanay</title>
         <author></author>
         <link>https://padlet.com/rozyleen_chaudhary/trsrphcmipvwuu64/wish/1641685915</link>
         <description><![CDATA[<div>1. Concessional financing is helping the countries when they face any financial issues or even crisis. Also, this will overcome the needs of the economy requirements of a specific country.<br>2. So, as per my understanding, when Jordan and Lebanon performed the vital global public good by opening their borders to more than 2 million refugees. Hence the country was a not very incoming country, basically the hosts had a lot of strain on themselves, that's why it is like it, that the middle income countries are not eligible for concessional financing. Also, the country getting this global vital thingy, they won't be able to pay back to the host country.&nbsp;<br>3. It will help Jordan and lebanon in their debt, and it will financially help to invest whenever there is some critical situation. Moreover, it will affect both and also help both the refugees and the country's population. The US has 3-4 billion dollars with 1 billion dollars grants.<br><br>4.&nbsp; The CFF is already very lucrative and helpful. It is indeed effective, it also helps in developing financing. The creative finance solution has increased the financial development and an impact on the donor grants, the size of projects are also affected in this case. It has helped a plethora of countries in reducing the financial cost of that particular country,&nbsp; benefits the country too.&nbsp; In addition to this, the transaction and the supervision costs are reduced which helps a country a lot in developing.&nbsp;<br><br>5. i) Well, first of all the ISA and the benefiting country work on the project details and the appraisal. Since judgements are required in this case. Furthermore, after all of this; and with an ISA supporting letter, a financing request is submitted by the benefitting country to the CFF coordination, since it will come in the category of the total financing package. Moreover, for the approval to move ahead, this request is been sent to the CFF steering committee. However, it won't get approved straight away. After the request is approved, to move ahead for the project approval, the project is submitted to the board of executive directions of the ISA, for the approval and for the consideration.&nbsp;<br>ii) Hence, if we see parallely then the World Bank Treasury financial product team, as part of the CFF's coordination unit, are working too with the the ISA team closely and the benefitting country. Before that, we should actually calculate the amount of funding required to reduce the non-concessional interest rate to concessional terms. This all must be done to prevent any damage in the amount and everything related to it.&nbsp; Later on, recalculation is done for the spread to ensure that it reflects market movements.<br>iii) <br><br></div>]]></description>
         <enclosure url="" />
         <pubDate>2021-07-08 08:54:16 UTC</pubDate>
         <guid>https://padlet.com/rozyleen_chaudhary/trsrphcmipvwuu64/wish/1641685915</guid>
      </item>
      <item>
         <title></title>
         <author>svrushachheda</author>
         <link>https://padlet.com/rozyleen_chaudhary/trsrphcmipvwuu64/wish/1641686458</link>
         <description><![CDATA[<div>1. Concessional financing is taking loans from certain banks which help poor countries to develop .<br><br>2. Middle income countries are not eligible for concessional financing because this system is only available for most peripery countries as these countries can't invest much to develop themselves.<br>&nbsp;<br>3. The main objective of Concessional Financing of world bank is that concessional fianinacy facility by the World Bank is helping these countries like Jordan and Lebanon, overcome the challenges of financing refugee assistance and management.&nbsp;<br><br>4. One possible solution for development is concessional financing to easily help the peri-phery countries devlopment.<br><br>5. During this system, the terms and conditions in the agreement turns more generous compared to market loans. The period for re-paying the debt is longer along with less interests. This leads to development with ease.<br><br>6. The role of world bank in concessional finance is to lnd money to poor countries for their development with low interests .<br><br>7. I have understood that world bank&nbsp;contributing to concessional financ can turn out to b a good way of dvelopment.<br><br></div>]]></description>
         <enclosure url="" />
         <pubDate>2021-07-08 08:54:57 UTC</pubDate>
         <guid>https://padlet.com/rozyleen_chaudhary/trsrphcmipvwuu64/wish/1641686458</guid>
      </item>
      <item>
         <title>Aayush</title>
         <author></author>
         <link>https://padlet.com/rozyleen_chaudhary/trsrphcmipvwuu64/wish/1641686970</link>
         <description><![CDATA[<div>1 = </div>]]></description>
         <enclosure url="" />
         <pubDate>2021-07-08 08:55:38 UTC</pubDate>
         <guid>https://padlet.com/rozyleen_chaudhary/trsrphcmipvwuu64/wish/1641686970</guid>
      </item>
      <item>
         <title>Shanaya </title>
         <author>s_shanaya_mulchandani</author>
         <link>https://padlet.com/rozyleen_chaudhary/trsrphcmipvwuu64/wish/1641691369</link>
         <description><![CDATA[<div>1. Concessional financing is taking loan from the bank which helps the peripheri or poor countries grow/ develop.&nbsp;<br>2. Consessional financing is not elidgeable for the middle income coutries because they have a stable and proper financial status and is only available for periphery countries.&nbsp;<br>3. To provide long term capital to members countries for economic reconstruction and development.<br>To induce long term capital investment for assuring BOP equilibrium and balanced development of international trade.&nbsp;<br>4. The ways in which we can develop or the possible solutions are assistance increased the development impact of donor grants and the size of projects. It also reduced financial cost for the benefitting countries and transactions and supervision costs for the donors.&nbsp;<br>5. The implementation support agency and the benefitting countries work on the project details and appraisal. After appraisal, and with an ISA supporting letter, the benefitting country submits a financing request to the CFF coordination unit as a part of total financing package. This request is submitted to the CFF commuity for approval. Once approved, the projects is submitted to the board of executive directors of the ISA for consideration and approval.&nbsp;<br>6. The role of the world bank is to accommodate all the stake holders, including unique legal requirements of eah donor country and different pricing and tenure levels of each ISA. It is also flexible enough to adapt to the changes in the markets, pricing levels and financial characteristics of the loan.&nbsp;<br>7.&nbsp; I understand that the financial solution is only one of the many ways the world bank helps member countries become more resiliant to economic shocks. Credit rating, market presence, and convencing power enables he World banks Treaury Financial products team to develop innovative new products to help their clients maximize financing and mitigate the risks.&nbsp;</div>]]></description>
         <enclosure url="" />
         <pubDate>2021-07-08 09:00:04 UTC</pubDate>
         <guid>https://padlet.com/rozyleen_chaudhary/trsrphcmipvwuu64/wish/1641691369</guid>
      </item>
      <item>
         <title>Krishnam</title>
         <author></author>
         <link>https://padlet.com/rozyleen_chaudhary/trsrphcmipvwuu64/wish/1645321220</link>
         <description><![CDATA[<div>1-Concessional financing is taking loan from the world bank to help poor countries to grow.</div>]]></description>
         <enclosure url="" />
         <pubDate>2021-07-12 03:58:58 UTC</pubDate>
         <guid>https://padlet.com/rozyleen_chaudhary/trsrphcmipvwuu64/wish/1645321220</guid>
      </item>
      <item>
         <title>Dhyey</title>
         <author></author>
         <link>https://padlet.com/rozyleen_chaudhary/trsrphcmipvwuu64/wish/1645534447</link>
         <description><![CDATA[<div>1. Concessional financing is taking loans to help poor or underdeveloped countries grow<br>2.&nbsp; Concessional financing is for countries that are not financially stable and middle-income countries are not eligible for it because they are financially stable.<br>3. Its purpose is to provide long-term loans, provide economic progress to underdeveloped countries.<br>4. One solution can be, to use concessional to provide loans to underdeveloped countries and helping them so they don't lack financially.<br>5. The world bank provides loans to underdeveloped countries and helps them rebuild their economy.<br>7. I understand that concessional financing is to provide loans to underdeveloped countries and the loan provided to them is taken from the world bank.</div>]]></description>
         <enclosure url="" />
         <pubDate>2021-07-12 06:08:01 UTC</pubDate>
         <guid>https://padlet.com/rozyleen_chaudhary/trsrphcmipvwuu64/wish/1645534447</guid>
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