International Development Association

n (Banking & Finance) an organization set up in 1960 to provide low-interest loans to developing countries. It is part of the World Bank Group. Abbreviation: IDA

Thesaurus

Noun

International Development Association - an agency of the United Nations affiliated with the World BankIDAUN agency, United Nations agency - an agency of the United Nations

International Development Association

International Development Association:

see International Bank for Reconstruction and DevelopmentInternational Bank for Reconstruction and Development (IBRD)
(IBRD), independent specialized agency of the United Nations, with headquarters at Washington, D.C.; one of five closely associated development institutions (also including the International Center for Settlement of
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International Development Association

International Development Association (IDA)

Association established as part of the World Bank to stimulate country development; it was especially suited for the world's 80 poorest countries, providing loans with no or low interest rates.

International Development Association

A division of the World Bank that provides long-term, interest-free loans to the world's 80 poorest countries. The IDA is responsible for poverty reduction and other aspects of international development in the Third World. Nearly half of the countries it assists are in Africa. The IDA was established in 1960; its loans assist in public health, business development, education, and infrastructure development.

International Development Association

see WORLD BANK.

International Development Association

Related to International Development Association: Multilateral Investment Guarantee Agency, International Centre for Settlement of Investment Disputes

International Development Association

International Development Association

International Development Association

International Development Association:

International Development Association

International Development Association (IDA)

International Development Association

International Development Association

International Development Association

Synonyms for International Development Association

noun an agency of the United Nations affiliated with the World Bank

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