Spain Announces Early Financial Commitment of €400 Million to IDA, a Near 40% Increase in Pledge

Spain has announced an early financial commitment of €400 million to the International Development Association, the World Bank’s fund for low-income countries. This is a 37% increase compared to the previous IDA replenishment cycle and underscores Spain’s continued commitment to sustainable development worldwide. This raises Spain’s total contribution to over €5 billion since IDA’s creation. (Source: World Bank)

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