By signing the IDA Articles of Agreement, Indonesia becomes the 100th member of IDA.
By signing the IDA Articles of Agreement, Indonesia becomes its 100th member and is eligible to receive loans at more favorable terms than those offered by the IBRD. The country's first loan from the World Bank Group, to be approved less than a month later, will be in the form of an IDA credit.
Pictured is His Excellency Soedjatmoko, Ambassador of Indonesia to the United States (center; 1723108; Credit: The World Bank).
April 9, 1971
The terms of IDA credits are discussed as is the role IDA has played in Indonesia's economic development in the previous two and a half years.