Contributions to International Development Association

$1.19 billion*

Minimum Requirement for American Leadership

 
The International Development Association (IDA) is known as the World Bank’s “Fund for the Poorest.” One of the largest development financiers in the world’s least-developed countries, IDA supports antipoverty programs with long-term, no-interest loans.

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Justification for Funding

  • In 2016, donors committed a record $75 billion to the 18th International Development Association replenishment (IDA18).
  • The International Development Association provides significant and stable funding for basic services such as health and nutrition, as well as exceptional value for donors to increase their reach and development impact.
  • The International Development Association is a critical facilitator and financier of development in areas such as access to affordable and reliable energy and strengthening fragile and conflict-afflicted states. It leverages the efforts of other donors to help countries develop the systems and capacity they need to use donor funds effectively, such as social protection mechanisms.

Cost of Cuts Below $1.19 Billion

President and Congress Budget Comparison

       Congressional Budget   

       President's Budget Request (Base + OCO)

  • Largely as a result of U.S. leadership, the IDA18 financing package included a specific focus on governance and institutions, continuing IDA’s work on strengthening weak systems that are indispensable to deliver on all other development commitments.
  • Rolling back U.S. funding to The International Development Association would compromise the World Bank’s ability to assist the world’s poorest countries in responding to food insecurity, famine, and unprecedented numbers of refugees, as well as addressing cycles of fragility and conflict—which can have a direct impact on U.S. interests.

$1.29 billion

Opportunity to Catalyze American Leadership

 

Justification for Additional Funding

  • U.S. funding for IDA supports U.S. security objectives by addressing the root causes of extremism and conflict.
  • U.S. influence is key to ensuring IDA’s continued focus on results. Since IDA’s creation, the U.S. has been instrumental in effecting key reforms that enhance its transparency, accountability, and effectiveness, including an independent Inspection Panel that assesses compliance with World Bank policy.

Impact of 8% More Funding

Between 2011 and 2017, 602 million people received access to health services as a result of IDA assistance.

*FY17 Enacted Appropriation

For more information, please contact: Soshana Hashmie, shashmie@interaction.org

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