International Development Association

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International Development Association:

see International Bank for Reconstruction and DevelopmentInternational Bank for Reconstruction and Development (IBRD)
(IBRD), independent specialized agency of the United Nations, with headquarters at Washington, D.C.; one of five closely associated development institutions (also including the International Center for Settlement of
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The request provides $950 million for the International Development Association (IDA) for the second year of the IDA-13 replenishment, $100 million of which is contingent on the IDA meeting specific benchmarks in the establishment of a results measurement system.
The International Development Association in late 1995 helped finance an expansion of LPG storage facilities at the Safir plant and an increase in the number of LPG tanker trucks.
During the 1960s, Korea's low per capita income and lack of creditworthiness made it eligible for concessional assistance from the International Development Association (IDA).
"With World Bank advice and financial help--interest-free (forty-year) loans to Africa totaling $10 billion over the last four years from the International Development Association, the soft-loan arm of the World Bank--many African countries have undergone remarkable changes bringing greater efficiency and better use of resources," says a page-one article without a byline, entitled AFRICA: A CONTINENT OF OPPORTUNITY.
The project is funded by the International Development Association (World Bank), which allocated $50 million for these purposes, 50%of which are grant funds.
The International Development Association (IDA) credit complements $19.4 million that have already been allocated to the West Africa Regional Communications Infrastructure Project (WARCIP) in 2011 that centered around improving international connectivity via a fiber optic network linking Ouagadougou to the Ghanaian border, as well as creating a public-private partnership to operate related telecommunications infrastructure.
The delegation will be headed by Kristalina Georgieva, Chief Executive Officer of the International Bank for Reconstruction and Development and International Development Association, as part of the World Bank Group.
The International Development Association is ready to allocate $487,500 to improve pasture management, Minister of Agriculture and Land Reclamation Taalaibek Aidaraliyev said on March 30.
The Bank further said that the year ended with a record disbursement of 1.695 billion dollars, of which more than 90 percent was from highly concessional International Development Association.
The biggest portion of the debt, nearly $3.560 billion, is from international funding organizations, over $2 billion is owed to the International Development Association (IDA), according to CBY's figures.
Projected IBRD (International Bank for Reconstruction) and IDA (International Development Association) lending for the region in the 2012 financial year is US$ 6.7 billion.

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