Development Policy Loans

Development Policy Loans (DPLs) are a type of financial assistance provided by organizations like the World Bank to support a country's overall policy reforms and economic development efforts. Instead of funding specific projects, DPLs offer budget support to help governments implement policies that promote growth, reduce poverty, and improve services such as health, education, and infrastructure. These loans are typically flexible and tied to the country's reform progress, encouraging structural changes that foster sustainable development. In essence, DPLs act as strategic financial aid aimed at strengthening a nation's capacity to grow and develop efficiently.