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With 189 member countries, the World Bank Group is a unique global partnership fighting poverty worldwide through sustainable solutions.
The World Bank Group is one of the world’s largest sources of funding and knowledge for developing countries. Its five institutions share a commitment to reducing poverty, increasing shared prosperity, and promoting sustainable development.
The World Bank Group ( WBG) is a family of five international organizations that make leveraged loans to developing countries. It is the largest and best-known development bank in the world and an observer at the United Nations Development Group. [7] The bank is headquartered in Washington, D.C., in the United States.
The World Bank Group has two ambitious goals: ending extreme poverty and boosting shared prosperity. Learn more about World Bank data, research, news, and leadership.
Jun 12, 2024 · The World Bank is the world’s largest multilateral creditor institution, and as such many of the world’s poorest countries owe it large sums of money. Indeed, for dozens of the most heavily indebted poor countries, the largest part of their external debt—in some cases constituting more than 50 percent—is owed to the World Bank and the ...
It also bring World Bank Group knowledge closer to clients through its network of country offices and hubs and leverage the Bank Group’s 80 years of technical expertise and implementation experience. The Academy offers a range of client capacity development programs that share global development knowledge, cutting-edge analytics, and lessons learned in implementing development strategies and programs including through World Bank Group operations. ...
The World Bank is the collective name for the International Bank for Reconstruction and Development (IBRD) and International Development Association (IDA), two of five international organizations owned by the World Bank Group.
6 days ago · The World Bank Group has presented its Gender Strategy for 2024-20230. It centers on three strategic objectives with outcomes that will be measured and tracked as part of the new World Bank Group scorecard: first, build foundational well-being; second, expand and enable economic opportunities for all; and finally, engage women as leaders.
Oct 12, 2023 · The World Bank Group is a family of five multilateral institutions focused on economic development whose overarching mission is global poverty reduction. Established...
Ajay Banga Begins Tenure as 14th President of the World Bank Group. The Executive Directors of the World Bank selected Ajay Banga as President for a five-year term, which began June 2, 2023. Ajay Banga most recently served as Vice Chairman at General Atlantic.
