International Development Association
Noun
Meaning
an agency of the United Nations affiliated with the World Bank
Source: WordNetSynonyms
Hypernyms
Examples
According to the Bank, the financing from the International Development Association is to support job creation, skills development and digital transformation in the country.
In 1983 the Abdallah regime borrowed US$2.85 million from the International Development Association to devise a national family planning program.
By the end of January 1960, fifteen countries signed the articles of agreement which established the International Development Association.
The bank pledged to contribute approximately US$400 million in International Development Association (IDA) credits over the CAS time frame.
Last December, a coalition of more than 60 governments—from both developed and developing countries—helped replenish the World Bank Group’s International Development Association (IDA), our fund for the poorest, with a record $75 billion.
“From IDA International Development Association of the World Bank, we are getting loans for 10 years grace period with 40 years repayment period.