International Development Association replenishment

The International Development Association (IDA) replenishment is the process by which donor countries contribute funding to the IDA, a part of the World Bank that provides financial support to the world's poorest countries. These funds are pooled to create a large grant and loan fund, which helps low-income nations build infrastructure, improve health, and reduce poverty. Replenishments occur periodically, with member countries agreeing on the amount of funding they will contribute. This collaborative effort ensures sustained financial resources to support development projects and address global challenges, promoting stability and growth in the most vulnerable regions.