A tranche is an installment or portion of an IMF loan. Loans are often made for 18-month or three-year programmes and disbursed in tranches. Certain conditions must be met for the release of subsequent tranches.
World Bank & IMF in the news
Despite the World Bank’s commitment to move away from funding coal, a series of loopholes in its financial intermediary lending remain that will continue to allow finance to support coal power projects.