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Phone Surveys Reveal the Impacts of COVID-19 in IDA Countries
The findings suggest the pandemic effects are worse in IDA countries, with people facing a higher risk of income loss, disruptions in schooling, and undernourishment than those in other developing countries.
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IDA and the Private Sector Join Forces to Fight the Pandemic in Fragile Countries
The IDA PSW is helping the private sector in IDA countries affected by COVID-19 through financing to small and medium-sized businesses, helping them keep their doors open.
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IDA@60: Steadfast in the Fight Against Poverty
Over the past six decades, IDA has been a trusted partner and pioneer in tackling complex global challenges faced by the world's poorest countries. From its inception and founding, to country graduations and record replenishments, this timeline traces IDA’s history and evolution in delivering results.
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The Unfolding COVID-19 Crisis
IDA’s response in recent months has demonstrated scale, speed, and selectivity. IDA continues to show exceptional value for money and is uniquely well-positioned to support countries fighting against the pandemic.
RESULTS AT-A-GLANCE
Access an array of real-time data, statistical indicators, and other types of data that are relevant to the coronavirus pandemic.
As the pandemic sweeps the globe, nurses are on the front lines of the response and are going above and beyond to keep health systems functional.
Using lessons from the Ebola outbreak in 2014, African countries prepare to mitigate the impact of COVID-19 (coronavirus).
Voices
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ODILE RENAUD-BASSODIRECTOR GENERAL OF THE FRENCH TREASURY, FRANCE, OCTOBER 2019
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KHALED BIN SULAIMAN ALKHUDAIRYVICE CHAIRMAN AND MANAGING DIRECTOR OF THE SAUDI FUND FOR DEVELOPMENT, SAUDI ARABIA, OCTOBER 2019
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SIMON STIELLMINISTER FOR CLIMATE RESILIENCE, GRENADA, OCTOBER 2019
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ABDIRAHMAN DUALE BEILEHMINISTER OF FINANCE, SOMALIA, OCTOBER 2019
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DEDE EKOUECO-CHAIR, IDA18, MAY 2016
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EKLIL AHMAD HAKIMIMINISTER OF FINANCE, AFGHANISTAN, JULY 2016
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AMARA M.KONNEHMINISTER OF FINANCE, LIBERIA, JUNE 2013
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We are committed to meeting the Millennium Development Goals by 2015 and will reinforce our efforts to this end, including through the use of the Official Development Assistance. We reaffirm our commitment to an ambitious replenishment of the World Bank’s International Development Association.
COMMUNIQUÉ OF THE MEETING OF FINANCE MINISTERS AND CENTRAL BANK GOVERNORS, OCTOBER 2010 -
We reiterate our commitment to completing an ambitious replenishment for the concessional lending facilities of the MDBs [Multilateral Development Banks], especially the International Development Association, to help ensure that LICs [Low-Income Countries] have access to sufficient concessional resources.
LEADERS OF THE GROUP OF 20SEOUL SUMMIT DOCUMENT, NOVEMBER 2010 -
JAKAYA MRISHO KIKWETEPRESIDENT OF THE UNITED REPUBLIC OF TANZANIA, THE GUARDIAN, JULY 30, 2010
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Fragile states like my own will need the help of the Bank to enable us to build a foundation that is already in place, a foundation based upon sound economic policies, efficiency in resource allocation, as well as capacity development... We would like to commend the Bank for all that they have done to put Liberia on the road to recovery, and all the partners who have supported the Bank in this endeavor.
ELLEN JOHNSON SIRLEAFPRESIDENT OF LIBERIA AT A PANEL DISCUSSION, JUNE 30, 2010, BAMAKO, MALI -
It is simple-the IDA is essential. Its loans provide a crucial tool for nations that seek to escape from poverty to sustain growth. It serves our fundamental values, as well as our economic interests, by lowering trade and investment barriers, supporting private sector growth, opening the markets of tomorrow and giving people a chance to succeed.
BILL CLINTONPRESIDENT OF THE UNITED STATES, 1995 ANNUAL MEETINGS -
IDA provides critically needed finance for social infrastructure and human resource development as well as associated assistance in the design of development policies and programs in the poorest countries of the world. If the international community is serious about eradicating the blight of poverty from our planet, IDA must be supported and adequately funded.
MANMOHAN SINGHMINISTER OF FINANCE, INDIA, 1994 ANNUAL MEETINGS -
The United Kingdom has always been a strong supporter of IDA, which we regard as a highly efficient means of channeling resources to the poorest countries.
NIGEL LAWSONCHANCELLOR OF THE EXCHEQUER, UNITED KINGDOM, 1983 ANNUAL MEETINGS -
Ambitious concept and flexible in implementation, IDA at the outset seemed to those of us desperately short of development finance be the type of assistance necessary to meet the fundamental development needs of the poorer countries.
JAMES GICHURUMINISTER FOR FINANCE OF KENYA, 1967 ANNUAL MEETINGS -
The establishment of the International Finance Corporation and the International Development Association, is manifest evidence of the fact that international financial cooperation has grown in substance and strength from year to year.
HAYATO IKEDAPRIME MINISTER OF JAPAN, 1964 ANNUAL MEETINGS -
It is recognized, however, that there are many development projects which, though economically sound, cannot be financed by existing international institutions. To meet this situation, the United States Governor of the Bank has proposed the creation of an International Development Association as an affiliate of the Bank.
DWIGHT D. EISENHOWERPRESIDENT OF THE UNITED STATES, 1959 ANNUAL MEETINGS
Interactive
Global Reach
1,605
projects totaling$129.89b
operating in9,395
locations across 72 countries
IDA Timeline
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Apr 2020COVID-19 (coronavirus) CrisisThe World Bank Group launches first operations for COVID-19 emergency health support to strengthen developing country responses. The Bank Group expects to deploy up to $160 billion over the next 15 months to protect the poor and vulnerable and bolster economic recovery.
-
Dec 2019Global Community Renews Commitment to IDAIDA receives another record replenishment of $82 billion. Pledges from donors will allow IDA help countries deal with the challenges posed by climate change, gender inequality, and conflict situations. It will also allow IDA to reinforce its support to job creation and economic transformation, good governance, and accountable institutions.
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Apr 2018IDA launches Inaugural Bond, Pioneering New Model for Development FinanceThe bond marks the launch of IDA’s borrowing program in the global capital markets and raised US$1.5 billion to address some of the most pressing development issues. More Information »
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Dec 2016A New Way of Supporting Private Sector DevelopmentAs part of the IDA18 replenishment, the World Bank Group (WBG) created a $2.5 billion IDA18 IFC-MIGA Private Sector Window to catalyze private sector investment with a focus on fragile and conflict-affected states (FCS).
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Sep 2016IDA Receives Aaa/AAA Credit RatingThe credit ratings issued by Moody’s and S&P will enable IDA to raise money in the capital markets to support its financing of a wide range of life-changing investments—from the provision of clean water to the creation of opportunities for refugees and response to natural disasters.
-
Dec 2015IDA mobilizes $1.17 billion for Ebola recoveryIDA has mobilized $1.17 billion to help stop the spread of infections, improve public health systems, and assist countries in coping with the economic impact.
-
Apr 2014Romania Joins World Bank’s Fund for the PoorestRomania’s membership in IDA underscores the increasing role emerging economies are playing in the development of poorer countries.
-
Dec 2013Record Support to End Extreme PovertyDespite tough economic times, a global coalition of developed and developing countries pledged $52 billion for IDA to accelerate the fight to end extreme poverty.
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May 201320 Fragile States Make Progress on MDGsDespite enduring political and economic challenges, 20 fragile and conflict-affected states have recently met one or more MDG targets. Much of the Bank’s work in fragile and conflict-affected states is supported by IDA.
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Nov 2012Myanmar and the World Bank Fully Re-engageAn $80 million IDA grant will help add 120 megawatts of electricity—enough power for an additional 5 million people—transforming lives and the economy in a country where only one in four people currently have electricity.
-
May 2012Delivering Support to Drought VictimsMore than 17 million people in the Horn of Africa were hit hard by one of the worst droughts in 60 years with widespread hunger, deaths, and the loss of subsistence crops and livestock. To help mitigate the impacts, IDA allocated $250 million through its Crisis Response Window.
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Dec 2011IDA Speeds Up Delivery of Crisis FundingIDA adopted a new mechanism to expedite funding to countries in the immediate aftermath of a crisis or emergency. The Immediate Response Mechanism allows participating IDA countries immediate access to a portion of undisbursed balances of their IDA project portfolio in the event of an eligible crisis or emergency.
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Nov 2011Global Leader in TransparencyIDA was hailed as a global aid transparency leader by Publish What You Fund, a UK-based coalition of civil society organizations working on governance, aid effectiveness, and access to information. IDA was ranked #1 out of 58 donors in the index.
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Dec 2010IDA's Focus on Frontier IssuesDuring the IDA16 replenishment round, IDA deputies and borrowing country representatives agreed that IDA should focus more on delivering development results—with a special emphasis on the themes of gender, climate change, fragile and conflict-affected countries, and crisis response.
-
Dec 2010Fund for Poorest ReplenishedIDA receives another record replenishment of $49.3 billion. Pledges from donors will help countries accelerate progress toward the Millennium Development Goals over the next three years.
-
Dec 2009Crisis ResponseA $1.3 billion Pilot Crisis Response Window is created for the remainder of the IDA15 period (Jan. 2010 to June 2011) to protect low-income countries from crises.
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Dec 2007Record Donor Pledges for IDA15IDA15 Replenishment sees record donor pledges of $25.1 billion for a total allocation of $41.6 billion.
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Dec 2007Liberia Clears Arrears with IDALiberia cleared all overdue debt service payments to the World Bank, thereby becoming eligible for full debt relief under the Heavily Indebted Poor Country (HIPC) and Multilateral Debt Relief Initiative (MDRI) programs.
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Jul 2006Multilateral Debt Relief Initiative (MDRI) launchedUnder the MDRI, IDA is expected to provide about US$37 billion in debt relief over 40 years, in addition to some US$17 billion of debt relief already committed by IDA under HIPC.
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Feb 2005Largest Expansion in Two DecadesIDA14 Replenishment sees total commitments increase to $34 billion, with 40 donor countries accounting for $18 billion, a 25% increase over IDA13 replenishment.
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Jul 2002Increased Participation for IDA12With 39 donor countries contributing $13 billion, an 18% increase over previous commitments, IDA12 Replenishment totals $23 billion.
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Jan 2002Results Measurement System IntroducedTo measure the degree to which IDA is helping countries grow and reduce poverty, and show its effective use of donor funds, IDA introduces a system for measuring results.
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Feb 2000Debt ReliefUganda receives a debt relief package, becoming the first country to benefit under the Heavily Indebted Poor Countries (HIPC) initiative. In 2000, 22 IDA countries get $37 billion in debt relief under HIPC.
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Nov 1996Launch of HIPC FacilityWith $500 million in funding, the Heavily Indebted Poor Countries (HIPC) Facility is established to provide debt relief to world’s poorest countries.
-
Dec 1992IDA10 CompletedIDA10 sees $22 billion in funding as donors urge greater lending for poverty reduction programs.
-
Mar 1990Debt-Reduction Facility in ActionBolivia becomes the first operation of the debt-reduction facility, receiving $9.1 million to pay off external debt.
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Dec 1989Record for 9th IDA ReplenishmentIDA9 sees record funding of $15.5 billion from 31 donor countries and Switzerland, covering fiscal years 1991-93.
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Aug 1989Creation of Debt Reduction FacilityThe facility is launched to help IDA countries pay off external commercial debt. To date, it has supported 25 operations in 22 countries.
-
Sep 1982Publication of IDA RetrospectiveIn the face of adverse economic conditions, World Bank president A.W. Clausen commissions a study of IDA’s performance.
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Aug 1982New Donors Contribute to IDA ReplenishmentThe IDA6 Replenishment, worth $12.6 billion, witnesses seven new donors – Argentina, Brazil, Greece, Mexico, Portugal, Romania, and Venezuela – join the 26 others.
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Jan 1974Wiping Out RiverblindnessAn international partnership to eradicate river blindness begins its work in 11 African countries. By 2002, it succeeds in saving millions of people from the debilitating disease.
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Jan 1971IDA’s First Reconstruction CreditWorld Bank President Robert McNamara announces $25 million IDA assistance to assist cyclone-ravaged East Pakistan, currently known as Bangladesh.
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Jul 1964First IDA ReplenishmentEighteen governments commit $753 million, spanning four years, for the first IDA Replenishment (IDA1).
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Aug 1962First Funding for EducationIDA provides its first credit for education to Tunisia to support the construction of schools.
-
May 1961Honduras Receives First IDA CreditHonduras is the recipient of the first-ever IDA credit (Credit 0001) worth $9 million for highway development and maintenance.
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Sep 1960Launch of IDAWith $912.7 million in initial funding, IDA is established with 15 signatory countries. Today, IDA is one of the largest sources of assistance for the world’s 79 poorest countries and the largest single source of donor funds for basic social services in these countries.
-
Feb 1960Defining IDA’s PurposeIDA’s purpose is to promote economic development and raise standards of living in the less developed areas of the world by providing financing on flexible terms, including interest-free grants and loans.
IDA Timeline
-
Apr 2020COVID-19 (coronavirus) Crisis
The World Bank Group launches first operations for COVID-19 emergency health support to strengthen developing country responses. The Bank Group expects to deploy up to $160 billion over the next 15 months to protect the poor and vulnerable and bolster economic recovery.
-
Dec 2019Global Community Renews Commitment to IDA
IDA receives another record replenishment of $82 billion. Pledges from donors will allow IDA help countries deal with the challenges posed by climate change, gender inequality, and conflict situations. It will also allow IDA to reinforce its support to job creation and economic transformation, good governance, and accountable institutions.
-
Apr 2018IDA launches Inaugural Bond, Pioneering New Model for Development Finance
The bond marks the launch of IDA’s borrowing program in the global capital markets and raised US$1.5 billion to address some of the most pressing development issues. More Information »
-
Dec 2016A New Way of Supporting Private Sector Development
As part of the IDA18 replenishment, the World Bank Group (WBG) created a $2.5 billion IDA18 IFC-MIGA Private Sector Window to catalyze private sector investment with a focus on fragile and conflict-affected states (FCS).
-
Sep 2016IDA Receives Aaa/AAA Credit Rating
The credit ratings issued by Moody’s and S&P will enable IDA to raise money in the capital markets to support its financing of a wide range of life-changing investments—from the provision of clean water to the creation of opportunities for refugees and response to natural disasters.
-
Dec 2015IDA mobilizes $1.17 billion for Ebola recovery
IDA has mobilized $1.17 billion to help stop the spread of infections, improve public health systems, and assist countries in coping with the economic impact.
-
Apr 2014Romania Joins World Bank’s Fund for the Poorest
Romania’s membership in IDA underscores the increasing role emerging economies are playing in the development of poorer countries.
-
Dec 2013Record Support to End Extreme Poverty
Despite tough economic times, a global coalition of developed and developing countries pledged $52 billion for IDA to accelerate the fight to end extreme poverty.
-
May 201320 Fragile States Make Progress on MDGs
Despite enduring political and economic challenges, 20 fragile and conflict-affected states have recently met one or more MDG targets. Much of the Bank’s work in fragile and conflict-affected states is supported by IDA.
-
Nov 2012Myanmar and the World Bank Fully Re-engage
An $80 million IDA grant will help add 120 megawatts of electricity—enough power for an additional 5 million people—transforming lives and the economy in a country where only one in four people currently have electricity.
-
May 2012Delivering Support to Drought Victims
More than 17 million people in the Horn of Africa were hit hard by one of the worst droughts in 60 years with widespread hunger, deaths, and the loss of subsistence crops and livestock. To help mitigate the impacts, IDA allocated $250 million through its Crisis Response Window.
-
Dec 2011IDA Speeds Up Delivery of Crisis Funding
IDA adopted a new mechanism to expedite funding to countries in the immediate aftermath of a crisis or emergency. The Immediate Response Mechanism allows participating IDA countries immediate access to a portion of undisbursed balances of their IDA project portfolio in the event of an eligible crisis or emergency.
-
Nov 2011Global Leader in Transparency
IDA was hailed as a global aid transparency leader by Publish What You Fund, a UK-based coalition of civil society organizations working on governance, aid effectiveness, and access to information. IDA was ranked #1 out of 58 donors in the index.
-
Dec 2010IDA's Focus on Frontier Issues
During the IDA16 replenishment round, IDA deputies and borrowing country representatives agreed that IDA should focus more on delivering development results—with a special emphasis on the themes of gender, climate change, fragile and conflict-affected countries, and crisis response.
-
Dec 2010Fund for Poorest Replenished
IDA receives another record replenishment of $49.3 billion. Pledges from donors will help countries accelerate progress toward the Millennium Development Goals over the next three years.
-
Dec 2009Crisis Response
A $1.3 billion Pilot Crisis Response Window is created for the remainder of the IDA15 period (Jan. 2010 to June 2011) to protect low-income countries from crises.
-
Dec 2007Record Donor Pledges for IDA15
IDA15 Replenishment sees record donor pledges of $25.1 billion for a total allocation of $41.6 billion.
-
Dec 2007Liberia Clears Arrears with IDA
Liberia cleared all overdue debt service payments to the World Bank, thereby becoming eligible for full debt relief under the Heavily Indebted Poor Country (HIPC) and Multilateral Debt Relief Initiative (MDRI) programs.
-
Jul 2006Multilateral Debt Relief Initiative (MDRI) launched
Under the MDRI, IDA is expected to provide about US$37 billion in debt relief over 40 years, in addition to some US$17 billion of debt relief already committed by IDA under HIPC.
-
Feb 2005Largest Expansion in Two Decades
IDA14 Replenishment sees total commitments increase to $34 billion, with 40 donor countries accounting for $18 billion, a 25% increase over IDA13 replenishment.
-
Jul 2002Increased Participation for IDA12
With 39 donor countries contributing $13 billion, an 18% increase over previous commitments, IDA12 Replenishment totals $23 billion.
-
Jan 2002Results Measurement System Introduced
To measure the degree to which IDA is helping countries grow and reduce poverty, and show its effective use of donor funds, IDA introduces a system for measuring results.
-
Feb 2000Debt Relief
Uganda receives a debt relief package, becoming the first country to benefit under the Heavily Indebted Poor Countries (HIPC) initiative. In 2000, 22 IDA countries get $37 billion in debt relief under HIPC.
-
Nov 1996Launch of HIPC Facility
With $500 million in funding, the Heavily Indebted Poor Countries (HIPC) Facility is established to provide debt relief to world’s poorest countries.
-
Dec 1992IDA10 Completed
IDA10 sees $22 billion in funding as donors urge greater lending for poverty reduction programs.
-
Mar 1990Debt-Reduction Facility in Action
Bolivia becomes the first operation of the debt-reduction facility, receiving $9.1 million to pay off external debt.
-
Dec 1989Record for 9th IDA Replenishment
IDA9 sees record funding of $15.5 billion from 31 donor countries and Switzerland, covering fiscal years 1991-93.
-
Aug 1989Creation of Debt Reduction Facility
The facility is launched to help IDA countries pay off external commercial debt. To date, it has supported 25 operations in 22 countries.
-
Sep 1982Publication of IDA Retrospective
In the face of adverse economic conditions, World Bank president A.W. Clausen commissions a study of IDA’s performance.
-
Aug 1982New Donors Contribute to IDA Replenishment
The IDA6 Replenishment, worth $12.6 billion, witnesses seven new donors – Argentina, Brazil, Greece, Mexico, Portugal, Romania, and Venezuela – join the 26 others.
-
Jan 1974Wiping Out Riverblindness
An international partnership to eradicate river blindness begins its work in 11 African countries. By 2002, it succeeds in saving millions of people from the debilitating disease.
-
Jan 1971IDA’s First Reconstruction Credit
World Bank President Robert McNamara announces $25 million IDA assistance to assist cyclone-ravaged East Pakistan, currently known as Bangladesh.
-
Jul 1964First IDA Replenishment
Eighteen governments commit $753 million, spanning four years, for the first IDA Replenishment (IDA1).
-
Aug 1962First Funding for Education
IDA provides its first credit for education to Tunisia to support the construction of schools.
-
May 1961Honduras Receives First IDA Credit
Honduras is the recipient of the first-ever IDA credit (Credit 0001) worth $9 million for highway development and maintenance.
-
Sep 1960Launch of IDA
With $912.7 million in initial funding, IDA is established with 15 signatory countries. Today, IDA is one of the largest sources of assistance for the world’s 79 poorest countries and the largest single source of donor funds for basic social services in these countries.
-
Feb 1960Defining IDA’s Purpose
IDA’s purpose is to promote economic development and raise standards of living in the less developed areas of the world by providing financing on flexible terms, including interest-free grants and loans.
People received essential health services (FY2011-2020)
Teachers were recruited and/or trained (FY2011-2020)
Children were immunized (FY2011-2020)
People received access to improved water services (FY2011-2020)
