... increase grant funding as quickly as possible to countries, particularly those in sub-Saharan Africa, to achieve the MDGs by 20 15. If these funds are provided on credit terms instead of grants ... Paper submitted for the G-24 Technical Group Meeting (Washington, D.C. September 27-28 2004) Part 5 Nihal Kappagoda, Research Associate, The North-South Institute Nancy C. Alexander, Director, ... 7. Apart from the upfront charges the World Bank argues that it should be possible to harden the lending terms to credit recipients. The terms of IDA lending, which had a maturity of 50 years...