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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 World Bank is the collective name for the International Bank for Reconstruction and Development (IBRD) and International Development Association (IDA), two of five international organizations owned by the World Bank Group. It was established along with the International Monetary Fund at the 1944 Bretton Woods Conference. After a slow start ...
The World Bank Institute is the capacity development branch of the World Bank, providing learning and other capacity-building programs to member countries. The IBRD has 189 member governments, and the other institutions have between 153 and 184. [2] The institutions of the World Bank Group are all run by a board of governors meeting once a year ...
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 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 .
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 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]
This is a list of development aid agencies which provide regional and international development aid or assistance, divided between national (mainly OECD countries) and international organizations. Agencies of numerous development cooperation partners from emerging countries such as India, Middle Eastern countries, Mexico, South Africa ...