Simplify the following text for a Grade 6 native English-speaking person.
Original: Staff from the World Bank monitored the use of the funds , ensuring that the French government would present a balanced budget and give priority of debt repayment to the World Bank over other governments .
Simplified: There were very strict rules about the use of the funds . Bank staff made sure that the French government would have a balanced budget and pay back what it owed to the World Bank first before it paid back other countries .