1945

International Development Association (IDA)

The International Development Association (IDA), established in 1960 as an affiliate of the International Bank for Reconstruction and Development (World Bank), provides assistance for the same purposes as the Bank, but primarily to the poorer developing countries and on easier terms. During 1991, IDA’S assistance concentrated on countries with an annual per capita gross national product of less than $580 (in 1989 dollars).

Related Subject(s): United Nations
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