# International Development Association

Type: organization

Source: Finance Intelligence Brief — https://getfinancebrief.com/entity/international-development-association
Canonical HTML page: https://getfinancebrief.com/entity/international-development-association

## Timeline

- **2026-03**: World Bank Approval — World Bank approves $45 million for the Second Macroeconomic Stability and Growth operation.
- **2024-03**: Bondholder Agreement — Zambia reaches a definitive agreement with Eurobond holders to restructure debt.
- **2022-08**: IMF Bailout — IMF approves a $1.3 billion Extended Fund Facility to support recovery.
- **2020-11**: Sovereign Default — Zambia becomes the first African nation to default on its debt during the pandemic.

## Recent coverage (1 stories)

### Zambia Secures $45M World Bank Support for Economic Reform Program
2026-03-17 18:14:49 · Sentiment: Neutral · Impact: 5/10 · Sources: 2

The World Bank has approved $45 million in funding to support Zambia's ongoing economic recovery and structural reform agenda. This financial package aims to enhance fiscal transparency, promote private sector growth, and strengthen social safety nets as the nation navigates its post-default recovery.
Full story: https://getfinancebrief.com/story/zambia-world-bank-economic-reform-funding

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