tahasozgen
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- Feb 3, 2016
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- Student or Learner
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The sentence above has been taken from the Economist, July 3rd 2021. The paragraph is about the assistance of rich countries to poor countries.
Prior Knowledge
ODA: Official Development Assistance. This is an assistance that mainly European countries do to the poor countries.
front-loading: to put or have more payments, charges, activities, etc. close to the beginning of a period: (Cambridge)
This sentence structure appears foreign to me. I understand the following. Is it true?
1- ODA shall implement front-loading.
2- For step 1, ODA shall borrow money.
3- For borrowing, ODA should put up future commitments of donors as security or collateral.
Prior Knowledge
ODA: Official Development Assistance. This is an assistance that mainly European countries do to the poor countries.
front-loading: to put or have more payments, charges, activities, etc. close to the beginning of a period: (Cambridge)
Sony Kapoor of Re-Define, a think-tank, advocates front-loading ODA by borrowing now against the future commitments donors have made.
This sentence structure appears foreign to me. I understand the following. Is it true?
1- ODA shall implement front-loading.
2- For step 1, ODA shall borrow money.
3- For borrowing, ODA should put up future commitments of donors as security or collateral.