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International development association
The International Development Association (IDA) is an institution providing concessional loans and grants to the world's poorest countries, established in 1960 as part of the World Bank Group. IDA supports various development activities such as education, health services, and infrastructure, aiming to promote economic growth and address global challenges. It has 18 contributor countries and assists numerous borrowing countries across different regions.
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International development association
- 1. Submitted to Md. MahmudulHasan Submitted by Humaira Jahan Tanha
- 2. What is IDA? TheInternational Development Association (IDA) is an international financial institution which offers concessional loans and grants to the world's poorest developing countries. The IDA is a member of the World Bank Group and is headquartered in Washington, D.C., United States. It was established in 1960 to complement the existing International Bank for Reconstruction and Development by lending to developing countries which suffer from the lowest gross national income, from troubled creditworthiness, or from the lowest per capita income.
- 3. What do theydo? The International Development Association (IDA) is a multi-issue institution, supporting a range of development activities, such as primary education, basic health services, clean water and sanitation, agriculture, business climate improvements, infrastructure, and institutional reforms. These interventions pave the way toward equality, economic growth, job creation, higher incomes, and better living conditions. Many of the issues developing countries face do not respect borders. By helping address these problems, IDA works to mitigate security, environmental and health concerns, and prevents these threats from becoming global issues.
- 6. History of IDA Monroney Resolution Articles of Agreement for IDA Launch of IDA
- 7. Donor countries There are18 contributor countries who regularly contribute in IDA. Those are given below: Argentina Canada Russia Australia China Sweden Austria Cyprus New Zealand Bahamas Egypt Korea Belgium Finland Norway Brazil France Poland
- 8. Borrowing countries Africa EastAsia South Asia Europe & Central Asia Latin America &Caribbean Middle East & North Africa Benin Cambodia Afghanista n Kosovo Dominica Djibouti Burkina Faso Kiribati Banglades h Kyrgyz Republic St Vincent Syrian Arab R. Burundi Lao, PDR Bhutan Moldova Grenada Yemen Cameroon Marshall Islands Maldives Tajikistan Guyana 4 Cape Verde Micronesia Nepal Uzbekistan Haiti C.A.R. Mongolia Pakistan Honduras Chad Myanmar Nicaragua Comoros 4 Samoa St Lucia
- 9. IDA graduates Albania CameroonEq. Guinea Mauritius Sri Lanka Angola Vietnam Egypt Macedonia St. Kitts Armenia China El Salvador Montenegro Swaziland Azerbaijan Colombia Georgia Morocco Syria Bolivia Congo Honduras Nicaragua Thailand Bosnia & Herzegovina Costa Rica India Nigeria Tunisia Botswana Cote D’lvoire Indonesia Papua New Guinea Turkey Chile Dominican Republic Jordan Philippines
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