worldbankcentre.com - World Bank Centre

Description: What Is the World Bank and What Does It Do?, The International Monetary Fund (IMF) and the World Bank Explained in One Minute, THE WORLD BANK AND GLOBAL HEALTH, What to expect from the IMF and World Bank meetings? | Inside Story

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The World Bank is an international financial institution that provides loans to developing countries for capital programs . It comprises two institutions: the International Bank for Reconstruction and Development (IBRD), and the International Development Association (IDA). The World Bank is a component of the World Bank Group , which is part of the United Nations system.

The World Bank's official goal is the reduction of poverty . However, according to its Articles of Agreement, all its decisions must be guided by a commitment to the promotion of foreign investment and international trade and to the facilitation of Capital investment .

The World Bank is not to be confused with the World Bank Group , an extended family of five international organizations:

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