December 2016 vetting

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Foreign aid vetting

When viewing absolute values, foreign AID drops off quite suddenly for many countries. There is also upward kinks in the forecast for many countries. Mohammod says this is because of a shift from convergence year. It doesn't look as drastic when viewed as a percent of GDP.

aidrecm - new parameter

Aid (foreign) receipts multiplier - Mul Base 1

Tested the "high" value for parameter by interpolating to 1.2 over 10 years for Africa. Foreign aid increase relative to the Base Case by 7.9 percent over 10 years.