In the busy streets of Male, the capital of Maldives, Aminath Waheed picks up passengers, blazing a trail as the city’s only female taxi driver. In the hills of Nepal, 30-year-old Madhukala Adhikari works
The 2021 Development Policy Financing Retrospective reviews one of the World Bank’s three financing instruments – non-earmarked budget financing that supports policy and institutional reforms to help clients achieve sustainable growth and poverty reduction. This Retrospective presents key takeaways on trends and performance of DPFs and their role in supporting development priorities. The analysis is focused on DPFs committed between FY16 and FY21. The World Bank systematically distills lessons from DPF Retrospectives as part of an ongoing effort to learn from implementation. This is the fifth DPF Retrospective since the DPF Operational Policy (OP 8.60) was introduced in August 2004.