World Bank International Development Association Replenishment Act of 2009

Bill 111 s 954, also known as the World Bank International Development Association Replenishment Act of 2009, is a piece of legislation that focuses on providing funding to the International Development Association (IDA) of the World Bank. The IDA is a part of the World Bank that provides financial assistance to the world's poorest countries.

The purpose of this bill is to authorize the United States to contribute funds to the IDA for the period of July 1, 2008, to June 30, 2011. The bill outlines the amount of funding that the United States is authorized to contribute to the IDA during this period, as well as the terms and conditions of the contribution.

The bill also includes provisions related to the allocation of funds, reporting requirements, and oversight of the IDA's activities. It emphasizes the importance of transparency, accountability, and effectiveness in the use of IDA funds to ensure that they are used to support sustainable development and poverty reduction in the world's poorest countries. Overall, Bill 111 s 954 aims to support the work of the IDA in providing financial assistance to countries in need, with a focus on promoting economic growth, reducing poverty, and improving the quality of life for people in developing countries.