- PIM is responsible for the replenishment and stewardship of the International Development Association (IDA), the Bank’s principal facility for providing highly concessional resources to the world’s poorest countries. IDA replenishments take place every three years. The most recent replenishment of IDA’s resources, the 21st replenishment (IDA21), was finalized in December 2024, resulting in a historic $100 billion financing package for IDA countries for fiscal years 2025-2028. The financing package is the largest ever mobilized in IDA’s 64-year history.
- IDA resources are highly concessional and are provided in the form of grants and zero to low-interest credits (loans). PIM manages the allocation of IDA resources to eligible countries and monitors the implementation of IDA policy mandates within the Bank.
Last Updated: Aug 07, 2026
