Disbursements, PPG Multilateral creditors concessional (DIS, current US$) - Debt - Basic Inds. and Nat. Accts - African Development Indicators
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Public and publicly guaranteed multilateral loans include loans and credits from the World Bank, regional development banks, and other multilateral and intergovernmental agencies. Excluded are loans from funds administered by an international organization on behalf of a single donor government. Concessional debt is defined as loans with an original grant element of 25 percent or more. The grant equivalent of a loan is its commitment (present) value, less the discounted present value of its contractual debt service; conventionally, future service payments are discounted at 10 percent. The grant element of a loan is the grant equivalent expressed as a percentage of the amount committed. It is used as a measure of the overall cost of borrowing. Disbursements are drawings on loan commitments during the year specified. Source: World Bank, Global Development Finance.