ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Bleak IDA-7 Prospects

Bleak IDA-7 Prospects I S G TO understand the current situation, let us start with a hit of past history. The sixth replenishment (IDA-6) of the International Development Association, the .soft loan window of the World Bank, was settled at $ 12 billion. This amount was to be contributed over a three-year period, 1980-81 to 1983? in successive tranches of at least 29 per cent, 33 per cent and 38 per cent of the total. The US contribution was fixed at $ 3.24 billion which works out to 27 per cent of the total amount to he raised. This itself was low in relative terms, being lower than the pro- portion of the US contribution to IDA replenishment in the past. Thus of the amounts of subscriptions and supplementary resources raised through IDA-o. the US contribution works out to 36 per cent.

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