ida - final work

8/9/2019 Ida - Final Work

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What is IDA ?

What is IDA doing ?

What does IDA mainly focuses on ?



INTERNATIONAL DEVELOPMENT

ASSOCIATION The International Development Association

(IDA) is the part of the World Bank that helps

the worlds poorest countries.

Established in 1960, IDA aims to reduce

poverty by providing interest-free credits and

grants for programs that boost economic

growth, reduce inequalities and improvepeoples living conditions



IDA is one of the largest sources of assistance for the

worlds 79 poorest countries, 39 of which are in

Africa. It is the single largest source of donor funds for

basic social services in the poorest countries.

IDA lends money (known as credits) on concessional

terms. This means that IDA credits have no interestcharge and repayments are stretched over 35 to 40

years, including a 10-year grace period. IDA also

provides grants to countries at risk of debt distress.

Since its inception, IDA credits and grants have

totaled US$207 billion, averaging US$14 billion a yearin recent years and directing the largest share, about

50 percent, to Africa



AID



Top Ten IDA Borrowers ($million, includes

guarantees and regional projects)

Nigeria 1,760

Pakistan 1,610

Ethiopia 1,175 Vietnam 1,149

Bangladesh 1,097

India 956

Tanzania 783 Ghana 550

Dem. Rep. Congo 535

Kenya 525



New IDA Lending by Region:

Sub-Saharan Africa...........56%

South Asia...........................30%

East Asia/Pacific.................. 9%

Europe/Central Asia...............3%

Latin America/Caribbean.......1%

Middle East/North Africa.........1%

IDA Lending by Sector:

Infrastructure ......................35% Public Admin and

Law..........19%Social sector.......................26% Agriculture

............................13%

Industry ................................4%

Finance...................................3%



IDA in focus

1. Agriculture

IDA allocation to agriculture increased from

$305 million in 2000 to $2.16 billion in 2009 36 IDA Countries have completed national

rural development strategies since 2002

Agriculture Action Plan instituted to reducerisk and vulnerability and increase productivity



IDA in focus..cont

2. Climate Change

IDA investments in renewable energy have

gone from $103 million to $233 million Analytical and advisory projects to deal with

climate change have increased from 8% to

20%

Sixteen IDA countries to be assisted in efforts

to reduce emission from deforestation



IDA in focus ..cont

3. Health

IDA lending for health has averaged US$780million over the last 10 years

IDA projects have trained 78,000 healthworkers and helped produce 10 mil.insecticide-treated bed-nets

Child mortality in IDA countries has declinedfrom 134 deaths in 1995 to 105 deaths in2007



IDA in focus ..cont

4. Education

IDA has provided over $10.2 billion to 112

countries since 2000 to improve education From 2000, an additional 91 million students

have enrolled in IDA countries

IDA support for education rose to a recordhigh of $1.65 billion for the 12 months ending

in June 2009



IDA in focus ..cont

5. Water

IDA funding on water projects amounted toabout $1.3 billion across 107 projects between2000-09

Low income, IDA countries account for 80percent of the most water-poor countries

Access to safe water in IDA countriesincreased from 65 percent in 1990 to 78percent in 2006



CONCLUSION

International Development Associations (IDA)

founders saw IDA as a way for the haves of

the world to help the have-nots. But they

also wanted IDA to be run with the discipline

of a bank. For this reason, US President

Dwight D. Eisenhower proposed, and other

countries agreed, that IDA should be part of the World Bank.

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