The
International Development Association (
IDA) was created on
September 24,
1960, is a
UN specialized agency. It is Rresponsible for providing long-term interest-free loans to the poorest of developing countries on terms more lenient than those of the
World Bank proper, and forms part of the
World Bank group based in
Washington, D.C..
All Wikipedia text
is available under the
terms of the GNU Free Documentation License