General information

Title
Participation in the 3-yearly replenishment of the International Development Association of the World Bank - Imputed part for sector Unallocated / Unspecified
ID
XM-DAC-2-10-3009830
CRS ID
2014015382
Start date
End date
Activity status
Completion
Actor
Worldbank Group: IDA/AID International Development Association - IDA - PRT
Aid type
Core contributions to multilateral institutions
Fragile state
No
Least developed country
No
Budgetline
54 33 544209 (ex 54338409) Membership International Development Association (AID/IDA)
Finance type
CAPITAL SUBSCRIPTION DEPOSIT BASIS
Tied status
No
Flow type
ODA
Body

General

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.

Results

IDA-financed operations address primary education, basic health services, clean water and sanitation, environmental safeguards, business climate improvements, infrastructure and institutional reforms.

Other

Donors meet every three years to replenish IDA funds and review IDA's policies. The most recent replenishment of IDA's resources the sixteenth replenishment (IDA16) was finalized in December 2010, resulting in a record replenishment size of SDR 32.8 billion (US$ 49.3 billion) to finance projects over the three-year period ending June 30, 2014. This amount includes donor contributions, reflows from credit repayments and World Bank transfers. Donor contributions amounted to SDR 21.1 billion (US$ 31.7 billion) including contributions for the Multilateral Debt Relief Initiative (MDRI) replenishment of SDR 3.5 billion (US$ 5.3 billion), to cover IDA's debt relief costs due to the MDRI during the IDA16 disbursement period (FY12-14) as agreed under the MDRI. Reflows from credit repayments including voluntary prepayments amounted to SDR 9.7 billion (US$ 14.6 billion) World Bank transfers from IBRD and IFC amounted to SDR 2.0 billion (US$ 3.0 billion.

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