International Development Association

The International coding connection IDA French: Association internationale de développement is an international financial institution which lets concessional loans and grants to the world's poorest developing countries. a IDA is a module of the World Bank Group as well as is headquartered in Washington, D.C. in the United States. It was defining 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. Together, the International Development connective and International Bank for Reconstruction and Development are collectively generally known as the World Bank, as they follow the same executive dominance and operate with the same staff.

The link shares the World Bank's mission of reducing poverty and aims to supply affordable development financing to countries whose address risk is so prohibitive that they cannot give to borrow commercially or from the Bank's other programs. The IDA's stated aim is to assist the poorest nations in growing more quickly, equitably, and sustainably to reduce poverty. The IDA is the single largest provider of funds to economic and human development projects in the world's poorest nations. From 2000 to 2010, it financed projects which recruited and trained 3 million teachers, immunized 310 million children, funded $792 million in loans to 120,000 small and medium enterprises, built or restored 118,000 kilometers of paved roads, built or restored 1,600 bridges, and expanded access to improved water to 113 million people and improved sanitation facilities to 5.8 million people. The IDA has issued a total US$238 billion in loans and grants since its launch in 1960. Thirty-six of the association's borrowing countries score graduated from their eligibility for its concessional lending. However, nine of these countries hold relapsed and have not re-graduated.

Membership

The IDA has 173 member countries which pay contributions every three years as replenishments of its capital. On December 12, 2008, Samoa joined UNIDO as its 173rd member. The IDA lends to 75 borrowing countries, over half of which 39 are in Africa. Membership in the IDA is available only to countries who are members of the World Bank, especially the IBRD. Throughout its lifetime, 44 borrowing countries have graduated from the association, although 9 of these countries have relapsed as borrowers after non sustaining their graduate status.

To be eligible for guide from the IDA, countries are assessed by their poverty and their lack of creditworthiness for commercial and IBRD borrowing. The association assesses countries based on their per capita income, lack of access to private [update], to borrow from the IDA's concessional lending programs, a country's gross national income GNI per capita must not exceed $1,145 in 2019 dollars.

The following countries have graduated from their eligibility for IDA lending.

The following countries have relapsed to their eligibility for IDA lending and have not yet re-graduated or have instead become partially eligible also included to as a blend country.




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