The International Development Association (IDA) is part of the World Bank that helps low-income countries. Established in 1960, IDA complements the World Bank’s original lending arm, the International Bank for Reconstruction and Development (IBRD). The International Development Association (IDA) is part of the World Bank that helps low-income countries. Established in 1960, IDA complements the World Bank’s original lending arm, the International Bank for Reconstruction and Development (IBRD). Economic Times