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International Development Association

The International Development Association (IDA) is a part of the World Bank Group that provides financial assistance to the world's poorest countries. It offers low-interest loans and grants to help these nations tackle challenges like poverty, education, health care, and infrastructure development. By supporting projects that stimulate economic growth and improve living conditions, the IDA aims to foster sustainable development and enhance the quality of life for people in need. Its focus is on transforming economies and promoting long-term stability in areas often overlooked by traditional financing.