IDA's Borrowing Programs

5 INTRODUCTION TO IDA • ● · ● World Bank Status: Established in 1960 as legally independent entity with the same status, immunities and privileges as IBRD and IFC Ownership: 174 countries. US, Japan, UK, Germany and France are the largest shareholders Mission: End extreme poverty on a livable planet Activity: Provides technical expertise, loans, grants and guarantees to countries with low per capita income ― Eligible countries generally have less than $1,315 per capita income - • Location: Washington, D.C. headquarters; offices in 145 countries. IDA International Development Association WORLD BANKGROUP O World Bank

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