International Development Association

E27638

The International Development Association is a World Bank fund that provides low-interest loans and grants to the world’s poorest countries to support economic development and reduce poverty.

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Statements (49)

Predicate Object
instanceOf World Bank fund
development finance institution
international financial institution
multilateral development bank arm
beneficiary governments of eligible low-income countries
currency International Monetary Fund
surface form: Special Drawing Rights
focusArea agriculture
climate resilience
education
governance
health
infrastructure
private sector development
foundedBy World Bank member countries
fundingMethod donor contributions
reflows from credits
replenishments from member countries
governanceStructure Board of Executive Directors
Board of Governors
hasMember World Bank member country
hasOfficialLanguage English
headquartersCountry United States of America
headquartersLocation Washington, D.C.
inception 1960
interestRateType low-interest
legalForm international organization
loanType concessional loans
locatedInTimeZone Eastern Time Zone
memberOf World Bank Group
surface form: World Bank Group institutions
offers concessional credits
grants
low-interest loans
parentOrganization World Bank Group
partOf World Bank
purpose economic development
poverty reduction
promote sustainable development
provide concessional finance
support the world’s poorest countries
sector development finance
international development
serviceArea low-income countries
world’s poorest countries
shortName IDA
website https://ida.worldbank.org
worksWith International Bank for Reconstruction and Development
International Finance Corporation
Multilateral Investment Guarantee Agency
other multilateral development banks

Referenced by (8)

Full triples — surface form annotated when it differs from this entity's canonical label.

Articles of Agreement of the World Bank Group institutions establishes International Development Association
World Bank Group Board of Governors governs International Development Association
President of the World Bank Group hasAuthorityOver International Development Association
World Bank hasPart International Development Association
World Bank Group hasPart International Development Association
World Bank Group lendingArm International Development Association
International Bank for Reconstruction and Development subsidiary International Development Association