Abstract:
Drawing on nearly 650 government and MDB officials across 125 countries and 250 in-depth interviews in 12 countries. This report arrives at a moment of significantly reduced aid budgets, escalating financing needs, rising sovereign debt, geopolitical tensions and a fragmented development finance landscape. Since the first MDB client survey in 2021, successive G20 presidencies and MDB shareholders have launched multiple reform initiatives. This study takes stock of their effects - from the perspective of the countries these institutions exist to serve. The analysis covers financing, policy advice, technical assistance, development effectiveness, inter-MDB coordination, project pipeline quality and project-cycle speed.
