Public Management(Ecofin Agency) - The amount to be disbursed to IDA-eligible African countries represents about 70% of the US$93 billion announced for the "IDA 20" program. World Bank’s International Development Association (IDA), dedicated to the poorest countries, will disburse US$65 billion to 39 eligible African countries over the period going from July 1, 2022, to June 30, 2025. The amount of aid to be disbursed to the 39 African countries eligible for IDA financing is the highest it ever granted since its creation in 1960. The latest, IDA-19, was launched in December 2019, resulting in a US$82 billion financing package. Of the 74 poorest countries benefiting from IDA financing, 39 are located in sub-Saharan Africa.

Source: The North Africa Journal July 11, 2022 15:01 UTC