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Additions to IDA resources : eleventh replenishment (English)

International Development Association (IDA) is the world's most important channel for providing concessional financing to the low income developing countries. Its clients are the people and governments of the 78 poorest countries. The IDA11 deputies have met under the chairmanship of Mr. Sven Sandstrom, Managing Director. They have recommended a replenishment of SDR billion. When combined with advance commitments against future repayments by IDA borrowers, this replenishment will give IDA a commitment authority of SDR billion. This amount is expected to be augmented by annual transfers from International Bank for Reconstruction and Development (IBRD) net income as approved each year during the replenishment period by IBRD's Board of Governors. The replenishment and additional resources are to fund development credits that will be committed during the period July 1, 1996 through June 30, 1999. This report sets out the deputies' guidance on IDA's priorities and activities during the replenishment period, the agreed burden sharing among the donors, and the recommended procedures for contributions and financial management.

Details

  • Document Date

    1995/11/01

  • Document Type

    Board Report

  • Report Number

    81430

  • Volume No

    1

  • Total Volume(s)

    1

  • Country

    World,

  • Region

    The World Region,

  • Disclosure Date

    2014/01/02

  • Disclosure Status

    Disclosed

  • Doc Name

    Additions to IDA resources : eleventh replenishment

  • Keywords

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Citation

Additions to IDA resources : eleventh replenishment (English). IDA11 Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/757451468168251521/Additions-to-IDA-resources-eleventh-replenishment