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Ida ppt
The International Development Association (IDA) was established in 1960 and is headquartered in Washington D.C. It provides concessional loans and grants to the world's poorest developing countries. IDA has 173 member countries and supports projects in 82 countries, especially related to health, education, infrastructure, agriculture, and economic development. Eligibility for IDA support depends on a country's poverty level, inability to access private capital markets, and policy performance. Currently, IDA provides assistance to 82 eligible countries, including 64 IDA-only countries and 18 blend countries that receive some support from IDA and the International Bank for Reconstruction and Development.
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Ida ppt
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- 2. International Development Association • Itoffers concessional loans and grants to the world’s poorest developing countries. • Established in the year 1960. • Headquartered at Washington D.C. • Has a membership of 173 countries. • President is Jim Yong Kim. • It is the world banks fund for the poorest countries
- 3. • Provides supportfor health education, Infrastructure, agriculture, economic and institutional development to 82 countries – 40 of them in Africa.
- 4. Role and Functionsof IDA: • About 1/5th of IDA funding is provided as grants, the rest is in the form of interest-free, long term credits. Eligibility for IDA support: It depends on- • A country’s relative poverty. • Non- access to private capital markets. • Policy performance.
- 5. Exceptions to IDA: •Also supports some countries including several small island economies that are above the operational cut-off but lack the credit worthiness needed t borrow from IBRD. • Some countries are IDA-eligible based on percapita income levels and are also creditworthy for some IBRD borrowing which are referred as Blend countries. • Altogether 82 IDA-eligible countries, 64 IDA-only countries and 18 blend countries are getting assistance at present.