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International Development AssociationThe 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.
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This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article "International Development Association".