So far, W BG actions have rightly focused on saving lives, protecting the poor and the most vulnerable, and providing liquidity to the business sector. Now, we urge a long-term perspective and we therefore welcome the W BG’s GRID (Green, Resilient and Inclusive Development) framework.
The objectives set for those that on average recorded a budget surplus in the three years 200305 have been made less demanding; the administrative surplus can be used to finance investment expenses. An adjustment is introduced for the authorities that recorded extraordinary one-off revenue in the period 2003-05, making the objective (calculated on the basis of the results in the same period) less stringent.