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Trade Publication Article
Financing a bright future for south Asia
2024
Overview
The World Bank's International Development Association will be a critical — and invaluable — piece of the puzzle. Since its inception 60 years ago, IDA has transformed millions of lives and created opportunities for people around the world to thrive. Over the past four years alone, more than 84.7mn people in the region have accessed safety net programmes; more than 24.5mn have received essential health, nutrition and population services; more than 2.6mn gained access to improved water sources; and over 11.5mn directly benefited from IDA-focused investments in jobs. Nepal is another IDA success story. Since 1969, IDA has provided Nepal with $8.2bn in credits and $1.2bn in grants; and the lives of millions of Nepalis have been improved through investments in education, health, jobs and skills, connectivity and infrastructure, social protection, food security and biodiversity conservation.
Publisher
The Financial Times Limited
Subject
