The World Bank International Development Association

The International Development Association (IDA), part of The World Bank, is a global organization that provides low-interest or interest-free loans and grants to the world’s poorest countries. Its goal is to support economic development, improve living conditions, and reduce poverty by funding projects like infrastructure, education, and healthcare. IDA works with countries that have limited borrowing capacity, helping them grow sustainably and create opportunities for their populations. By investing in these nations, IDA promotes stability, growth, and shared prosperity on a global scale.