Participation in the 3-yearly replenishment of the International Development Association of the World Bank - To ventilate
Donors meet every three years to replenish IDA funds and review IDA's policies. The most recent replenishment of IDA¿s resources the seventeenth replenishment (IDA17) was finalized in December 2013, resulting in a record replenishment size of US$ 51.96 billion to finance projects over the three-year period ending June 30, 2017. This amount includes donor contributions, reflows from credit repayments and World Bank transfers.
Donors will meet to review the progress of IDA17 at a Mid-Term Review Meeting to be held in the fall of 2015. IDA aims to reduce poverty by providing interest-free credits and grants for programs that boost economic growth, reduce inequalities and improve people's living conditions. It is the single largest source of donor funds for basic social services in the world's poorest countries. IDA-financed operations address primary education, basic health services, clean water and sanitation, environmental safeguards, business climate improvements, infrastructure and institutional reforms.