International institution providing financial aid and support for global development projects
Timeframe: 27/12/1945 – 27/12/2045
Key Insights
- The World Bank is an international financial institution which provides loans, grants, and technical assistance to developing countries for financial projects. Its primary goal is to reduce poverty in the world by providing aid for building infrastructures and addressing debt problems of the Third World economies. It focuses on assisting nations in achieving sustainable growth while addressing global challenges such as inequality and environmental sustainability.
Documents: 📄 Full Publication (PDF)
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