A few weeks ago, the international community agreed to a record $93 billion financing package for the world’s poorest countries. This support will be delivered through the World Bank’s International Development Association (IDA) over the next three years, starting in July.
Tag Archives: Policy Implications
IDA: Stepping Up
September 26, 1960 marked the beginning of a new chapter in the World Bank’s history b
y introducing one of the most effective instruments in the global fight to eradicate poverty: “The International Development Association (IDA), a new international agency for financing economic growth in the less developed countries, came into being today as an affiliate of the World Bank,” read the release.
Taking the pulse of business: COVID recovery and policy implications
As the global economy gradually finds its way out of the COVID-19 pandemic, we are 
reminded each day of the fragility of recovery – threatened by new variants, outbreaks, and case spikes. It’s also a recovery that is uneven and unequal. Many low- and middle-income countries continue to face high levels of transmission as well as bottlenecks to vaccination, which contribute to business activity remaining below pre-pandemic levels.
Netherlands for the World Bank 
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