International Development Association


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International Development Association (IDA)

Association established as part of the World Bank to stimulate country development; it was especially suited for the world's 80 poorest countries, providing loans with no or low interest rates.

International Development Association

A division of the World Bank that provides long-term, interest-free loans to the world's 80 poorest countries. The IDA is responsible for poverty reduction and other aspects of international development in the Third World. Nearly half of the countries it assists are in Africa. The IDA was established in 1960; its loans assist in public health, business development, education, and infrastructure development.

International Development Association

see WORLD BANK.
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References in periodicals archive ?
The International Development Association (IDA) is the part of the World Bank that helps the world's poorest countries.
IDA provides $40 million to Yemen for rural road projects
President of Kyrgyzstan Sooronbai Jeenbekov signed into law the ratification of the $24 million financing agreement between Kyrgyz government and the International Development Association.
Kyrgyzstan ratifies $24 million financing agreement with IDA to support state budget
WASHINGTON: The World Bank Board of Executive Directors today approved a US$200 million International Development Association (IDA)* credit to support the growth and development of Small and Medium Enterprises (SMEs) in Ethiopia.
World Bank Supports Ethiopia's Small and Medium Enterprises to Boost Job Creation
The Parliament of Kyrgyzstan approved ratification of the agreement on financing of improvement of road links in Central Asia with the International Development Association. The agreement was signed on July 25, 2014, in Bishkek.
Kyrgyz Parliament ratifies agreement with IDA on construction of 56 km of road sections in Batken region for around $37 million
She added that Yemen is one of the countries that deserves support from the International Development Association (IDA) which provides soft loans, confirming that she would raise the annual loan of $ 120 million allocated to Yemen from the IDA to $ 200 million.
WB Vice President arrives in Yemen
Nicaragua has received US$23.5 million the World Bank's International Development Association for Technical Support to the Public Sector (No.
Technical assistance loan
The Kyrgyz government, Swiss Embassy, German Development Bank and International Development Association signed a memorandum of understanding on implementation of the National Health Care Sector Reform Program Den Sooluk.
Kyrgyzstan, donors introduce changes in financing agreement on health health care sector reform program
WASHINGTON: The World Bank Executive Board of Directors approved today a US$5 million International Development Association (IDA)* credit to support the Competitiveness for Tourism Development project in Cabo Verde.
World Bank Supports Cabo Verde Tourism Sector as the Engine of Growth
SDPK parliamentary faction on June 20 approved the draft law on ratification of the grant agreement on Global Partnership for Education project between Kyrgyzstan, International Development Bank for Reconstruction and Development, International Development Association.
Kyrgyzstan to receive $12.7 million grant to ensure equitable access to preschool education
Lucia has received a loan from the World Bank and credit from the International Development Association toward the cost of the St.
Construction of new schools

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