world_organizations medium True/False

The World Bank's Development Policy Financing (DPF) provides budget support to governments implementing policy and institutional reforms aimed at promoting sustainable growth, poverty reduction, and improved service delivery, with disbursements linked to agreed reform milestones.

  1. True
  2. False

Answer: True

DPF supports reforms in areas like public financial management, social protection, business regulation, and climate policy. By aligning financing with policy actions, it incentivizes institutional strengthening, enhances aid effectiveness, and helps countries achieve development outcomes more efficiently.

Topic World Bank
Exam Relevance Banking, UPSC, SSC