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The International Development Association (IDA) (French: Association internationale de développement) is a development finance institution which offers concessional loans and grants to the world's poorest developing countries. The IDA is a member of the World Bank Group and is headquartered in Washington, D.C. in the United States.
The term "World Bank" generally refers to just the IBRD and IDA, whereas the term "World Bank Group" or "WBG" is used to refer to all five institutions collectively. [17] The World Bank Institute is the capacity development branch of the World Bank, providing learning and other capacity-building programs to member countries.
The following table shows the subscriptions of the top 20 member countries of the World Bank by voting power in the following World Bank institutions as of December 2014 or March 2015: the International Bank for Reconstruction and Development (IBRD), the International Finance Corporation (IFC), the International Development Association (IDA ...
The 10 countries with the greatest influence at the World Bank are listed here, calculated by the percentage of votes each holds for the bank’s three main lending arms: the International Bank for Reconstruction and Development (IBRD), the International Development Association (IDA) and the International Finance Corporation (IFC).
The Bank and IDA operate with a staff of approximately 10,000 employees. [8] On 9 April 2019, United States President Donald Trump nominated David Malpass as the World Bank Group's president. [5] [9] Malpass had served as one of President Trump's economic advisers and as a senior official in the United States Treasury Department. [5]
World Bank President Ajay Banga said earlier in October that a $120 billion replenishment was possible, but would require substantial increases in individual countries' commitments. The last IDA ...
The two observer states at the UN, the Vatican City and State of Palestine, are also not members of the World Bank. Kosovo is not a member of the UN, but is a member of the International Monetary Fund [ 1 ] and the World Bank Group , [ 2 ] both specialized agencies in the United Nations System .
The following is a list of the major existing intergovernmental organizations (IGOs). For a more complete listing, see the Yearbook of International Organizations , [ 1 ] which includes 25,000 international non-governmental organizations (INGOs), excluding for-profit enterprises, about 5,000 IGOs, and lists dormant and dead organizations as ...