France, a member of the World Bank Group since 1945, supports multilateral efforts aimed to end extreme poverty and boost shared prosperity on a livable planet.
Why is IDA the most effective and flexible fund for people in the poorest countries?
An ambitious IDA21 will serve as a lifeline for a world in crisis.
History
May 9, 2022, marks the 75th anniversary of the very first loan of the World Bank.
The International Development Association (IDA) is the part of the World Bank that helps the world¡¯s poorest countries. Established in 1960, IDA aims to reduce poverty by providing loans (called ¡°credits¡±) and grants for programs that boost economic growth, reduce inequalities, and improve people¡¯s living conditions.
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