abhishreshthaa
Abhijeet S
IDA's Impact on Poverty
IDA addresses poverty through its broad range of projects, including investment projects targeted at human resource development such as education, health, safety nets, and water supply and sanitation (43percent in FY01), the provision of infrastructure (19percent), and agriculture and rural development (16percent).
While the bulk of IDA financing — over 72 percent in FY01 — is for investment projects, IDA also provides adjustment credits. These credits help governments finance their overall development expenditures — including teacher salaries, operations and maintenance of health centers, road rehabilitation, and agricultural extension — in the context of macroeconomic and sectoral reform programs.
The development expenditures that made possible by IDA financing are necessary for growth and poverty reduction. To help governments put in place reform programs, IDA advises on the best policies for attaining broad-based economic growth and reducing the vulnerability of the poor to economic shocks.
IDA is now the single largest source of donor funds for basic social services in the poorest countries. Children–one billion of whom live in IDA recipient countries– are the main beneficiaries of the resulting investments in basic health, primary and literacy education and clean water.
• Some 45,000 primary school classrooms were constructed or rehabilitated in African countries, which enabled approximately 1.8 million children to benefit from access to primary education.
• In Asia, over 6,700 health care facilities were constructed or upgraded, then equipped and staffed to provide basic health care to rural populations.
• The social investment fund projects in Latin America reached some 9.5 million beneficiaries. Activities supported by these projects generated almost a million person-months of employment.
• In Africa, more than 5 million textbooks (mostly locally developed and produced) were supplied to primary schools.
• In India, the National AIDS Control project supported training of 52,500 physicians and 60 percent of nursing staff in HIV/AIDS management topics.
• In Yemen, the Taiz Flood Disaster Prevention and Municipal Development project prevented serious damage from the 1996 floods, benefiting 21,000 households directly and over half a million people indirectly.
• Improvements in Haiti's devastated power sector have given users access to about 20-hours-per-day electricity service, contrasting with the previous situation of nearly 18 hours of blackouts daily.
IDA's mission — poverty reduction.
The mission of IDA is to support efficient and effective programs to reduce poverty and improve the quality of life in its poorest member countries. IDA helps build the human capital, policies, institutions, and physical infrastructure needed to bring about equitable and sustainable growth. IDA's goal is to reduce the disparities across and within countries, to bring more people into the economic mainstream, and to promote equitable access to the benefits of development.
Sustainable poverty reduction depends on forming effective partnerships, and on systematic inclusion of the poor, affected groups, and women in the development process. To achieve this, the focus must be on: results — to get the biggest development return from scarce aid resources; sustainability — to achieve enduring development impact within an environmentally sustainable framework; and equity — to remove barriers and open up opportunities for the disadvantaged.
IDA's assistance is provided under a broad policy framework that reflects priorities agreed by its donors, represented by their IDA Deputies, and endorsed by the Executive Directors. These priorities are set out in this report of the IDA12 Deputies.
The current policy framework for the Twelfth Replenishment of IDA (IDA12) — which will span the transition to the next century — is also guided by the poverty reduction and social development goals for the 21st century (International Development Targets) endorsed by the international community. These goals include reducing the proportion of the population living in extreme poverty by half and achieving universal primary education in all countries by 2015.
PURPOSES
The purposes of the Association are to promote economic development, increase productivity and thus raise standards of living in the less-developed areas of the world included within the
Association's membership, in particular by providing finance to meet their important developmental requirements on terms which are more flexible and bear less heavily on the balance of payments than those of conventional loans, thereby furthering the developmental objectives of the International Bank for Reconstruction and Development (hereinafter called "the Bank") and supplementing its activities.
IDA addresses poverty through its broad range of projects, including investment projects targeted at human resource development such as education, health, safety nets, and water supply and sanitation (43percent in FY01), the provision of infrastructure (19percent), and agriculture and rural development (16percent).
While the bulk of IDA financing — over 72 percent in FY01 — is for investment projects, IDA also provides adjustment credits. These credits help governments finance their overall development expenditures — including teacher salaries, operations and maintenance of health centers, road rehabilitation, and agricultural extension — in the context of macroeconomic and sectoral reform programs.
The development expenditures that made possible by IDA financing are necessary for growth and poverty reduction. To help governments put in place reform programs, IDA advises on the best policies for attaining broad-based economic growth and reducing the vulnerability of the poor to economic shocks.
IDA is now the single largest source of donor funds for basic social services in the poorest countries. Children–one billion of whom live in IDA recipient countries– are the main beneficiaries of the resulting investments in basic health, primary and literacy education and clean water.
• Some 45,000 primary school classrooms were constructed or rehabilitated in African countries, which enabled approximately 1.8 million children to benefit from access to primary education.
• In Asia, over 6,700 health care facilities were constructed or upgraded, then equipped and staffed to provide basic health care to rural populations.
• The social investment fund projects in Latin America reached some 9.5 million beneficiaries. Activities supported by these projects generated almost a million person-months of employment.
• In Africa, more than 5 million textbooks (mostly locally developed and produced) were supplied to primary schools.
• In India, the National AIDS Control project supported training of 52,500 physicians and 60 percent of nursing staff in HIV/AIDS management topics.
• In Yemen, the Taiz Flood Disaster Prevention and Municipal Development project prevented serious damage from the 1996 floods, benefiting 21,000 households directly and over half a million people indirectly.
• Improvements in Haiti's devastated power sector have given users access to about 20-hours-per-day electricity service, contrasting with the previous situation of nearly 18 hours of blackouts daily.
IDA's mission — poverty reduction.
The mission of IDA is to support efficient and effective programs to reduce poverty and improve the quality of life in its poorest member countries. IDA helps build the human capital, policies, institutions, and physical infrastructure needed to bring about equitable and sustainable growth. IDA's goal is to reduce the disparities across and within countries, to bring more people into the economic mainstream, and to promote equitable access to the benefits of development.
Sustainable poverty reduction depends on forming effective partnerships, and on systematic inclusion of the poor, affected groups, and women in the development process. To achieve this, the focus must be on: results — to get the biggest development return from scarce aid resources; sustainability — to achieve enduring development impact within an environmentally sustainable framework; and equity — to remove barriers and open up opportunities for the disadvantaged.
IDA's assistance is provided under a broad policy framework that reflects priorities agreed by its donors, represented by their IDA Deputies, and endorsed by the Executive Directors. These priorities are set out in this report of the IDA12 Deputies.
The current policy framework for the Twelfth Replenishment of IDA (IDA12) — which will span the transition to the next century — is also guided by the poverty reduction and social development goals for the 21st century (International Development Targets) endorsed by the international community. These goals include reducing the proportion of the population living in extreme poverty by half and achieving universal primary education in all countries by 2015.
PURPOSES
The purposes of the Association are to promote economic development, increase productivity and thus raise standards of living in the less-developed areas of the world included within the
Association's membership, in particular by providing finance to meet their important developmental requirements on terms which are more flexible and bear less heavily on the balance of payments than those of conventional loans, thereby furthering the developmental objectives of the International Bank for Reconstruction and Development (hereinafter called "the Bank") and supplementing its activities.