International Development Association (IDA): An arm of the World Bank that helps the world’s poorest countries by providing interest-free credits and grants for programs aimed at boosting economic growth and improving living conditions.
Poverty Reduction Strategy Papers (PRSPs): These are documents required by the IMF and World Bank before a country can be considered for debt relief within certain aid programs; they're essentially plans outlining how a country will reduce poverty levels.
Structural Adjustment Programs (SAPs): These are economic policies imposed on developing countries by IMF and World Bank as condition for receiving loans; think about them as strict budgeting rules set by these institutions.