Participation in the 3-yearly replenishment of the International Development Association of the World Bank - To ventilate
Worldbank Group: IDA/AID International Development Association - IDA - PRT
Core contributions to multilateral institutions
Least developed country
54 33 544209 (ex 54338409) Membership International Development Association (AID/IDA)
CAPITAL SUBSCRIPTION DEPOSIT BASIS
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.
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.