3. BACKGROUND
The World Bank is an
Internationally supported bank
that provides financial and
technical assistance to developing
countries for development
programs (e.g. bridges, road,
schools) with the stated goals of
reducing poverty.
4. FACT FILE
Formation : July 1944
Type :International Financial Organization
Headquarters :Washington D.C., United States
Membership :188 countries (IBRD)
76 countries (IDA)
Official language :English, Chinese, Arabic, French, Russian,
Spanish
President :David Malpass (13th president) (April 9, 2019)
Parent organization :World Bank Group
6. BRANCH OFFICES
1. United Kingdom Home- World Bank
2. Safety Nets and Transfers-CCT Program Profile –Brazil
3. The Arab Spring and Microfinance-Syria
4. Mexico Home-World Bank
5. World Bank Kenya
6. Bangladesh Home- World Bank
7. India Home- World Bank
8. Nigeria- World Bank
9. Srilanka Home- World Bank
10. Pacific Island Home- World Bank
7. 11. The World Bank in Azerbaijan
12. Zambia- World Bank
13. Ghana Home- World Bank
14. Singapore Home- World Bank
15. Jamaica Home- World Bank
16. Pakistan Home- World Bank
17. China Home- World Bank
18. Ethiopia - World Bank
19. Senegal - World Bank
20. The World Bank in Bulgaria
21. Jordan Home- World Bank
22. The World bank in Russia
23. Republic of Korea Home- World Bank
8. 24. The World bank in Turkey
25. Mozambique - World Bank
26. Cambodia Home - World Bank
27. The World Bank in Croatia
28. Malaysia- World Bank
29. The World Bank in Albania
30. The World Bank in Turkey
9. HISTORY
The world bank was created at the end of world war II as a result of many
European and Asian countries needing financing to fund reconstruction effort.
The bank is successful in providing financing for those destroyed countries.
July 1-22, 1944 Bretton Woods Conference
The International bank for Reconstruction and Development was the first
“Multilateral Development Bank.” Before World War II had ended.
December 27, 1945 IBRD Articles of Agreement Become Effective
March 8, 1946 Savannah Conference
May 7, 1946 First Meeting of Executive Directors held
June 18, 1946 Eugene Meyer Takes Office as First World Bank President and June
19, 1946 Harold D. Smith Appointed Vice President
10. June 20, 1946 Date for Beginning Operations Announced
June 25, 1946 World Bank Operations Begin
September 27, 1946 First Annual Meeting Convened in Washington
11. WORLD BANK GROUP
WORLD
BANK
GROUP
International
Bank for
Reconstructio
n and
Development
(IBRD)
International
Development
Association
(IDA)
International
Finance
Corporation
(IFC)
Multilateral
Investment
Guarantee
Agency
(MIGA)
International
Centre for
Settlement of
Investment
Disputes
(ICSID)
12. IBRD
The International Bank for
Reconstruction and Development
(IBRD) is an international financial
institution that offers loans to middle-
income developing countries. The IBRD
is the first of five member institutions
that compose the World Bank Group,
and is headquartered in Washington, D.C.
in the United States.
13. IDA
The International Development
Association (IDA) is the part of the World
Bank that helps the world's poorest
countries. Established in 1960, IDA aims
to reduce poverty by providing loans
(called “credits”) and grants for programs
that boost economic growth, reduce
inequalities, and improve people's living
conditions.
14. NEED OF WORLD BANK
Need of World
Bank
Build Capacity
Create
Infrastructure
Develop Financial
System
Combat
Corruption
15. OBJECTIVES
1. To end extreme poverty: By reducing the share of the global population that
lives in extreme poverty to 3% by 2030.
2. To promote shared property: By increasing the incomes of the poorest 40 % of
people in every country.
16. MEMBER COUNTRIES
Eligible to receive IDA resources
Africa
1. Benin
2. Burkina Faso
3. Cameroon
4. Cape verde
5. C.A.R
6. Chad
7. Comoros
8. Congo
9. Mauritania
10. Republic of Cote
d’Ivore
11. Democratic
republic of
Congo
12. Eritrea
13. Ethiopia
14. Gambia
15. Ghana
16. Guinea
17. Guinea Bissau
18. Kenya
19. Lesotho
20. Liberia
21. Madagascar
22. Malawi
23. Mali
24. Mozambique
25. Niger
26. Nigeria
27. Rwanda
28. Sao Tome
29. Senegal
30. Sierra Leone
31. Somalia
32. South Sudan
33. Tanzania
34. Togo
35. Uganda
36. Zambia
37. Zimbabwe
17. East Asia
1. Cambodia
2. Fiji
3. Kiribati
4. Lao
5. PDR
6. Marshall Ireland
7. Micronesia
8. FS
9. Mongolia
10. Myanmar
11. Papua New
Guinea
12. Samoa
13. Solomon Island
14. Timor-Leste
15. Tonga
16. Tuvalu
17. Vanuatu
South Asia
1. Afghanistan
2. Bangladesh
3. Bhutan
4. Maldives
5. Nepal
6. Pakistan
Europe and
Central Asia
1. Kosovo
2. Kyrgyz Republic
3. Moldova
4. Tazikistan
5. Uzbekistan
Latin America and
Caribbean
1. Dominica
2. St Vincent
3. Grenada
4. Guyana
5. Haiti
6. Honduras
7. Nicaragua
8. St Lucia
Middle East and
North Africa
1. Djibouti
2. Syrian Arab
Republic
3. Yemen
18. IBRD COUNTRIES
1. Afghanistan
2. Albania
3. Algeria
4. Angola
5. Antigua and
Barbuda
6. Argentina
7. Armenia
8. Australia
9. Austria
10. Azerbaijan
11. Bahamas
12. Bahrain
13. Bangladesh
14. Barbados
15. Belarus
16. Belgium
17. Belize
18. Benin
19. Bhutan
20. Bolivia
21. Bosnia and
Herzegovina
22. Botswana
23. Brazil
24. Brunei
Darussalam,
25. Bulgaria
26. Burkina Faso
27. Burundi
28. Cabo Verde
29. Cambodia
30. Cameroon
31. Canada
32. Central African
Republic
33. Chad
34. Chile
35. China
36. Colombia,
37. Comoros
38. Congo,
Democratic
Republic of
39. Congo, Republic
of
40. Costa Rica
41. Cote d'Ivoire
19. 42. Croatia
43. Cyprus
44. Czech Republic
45. Denmark
46. Djibouti
47. Dominica
48. Dominican
Republic
49. Ecuador
50. Egypt, Arab
Republic of
51. El Salvador
52. Equatorial
Guinea
53. Eritrea
54. Estonia
55. Eswatini
56. Ethiopia
57. Fiji
58. Finland
59. France
60. Gabon
61. Gambia
62. Georgia
63. Germany
64. Ghana
65. Greece
66. Grenada
67. Guatemala
68. Guinea
69. Guinea-Bissau
70. Guyana
71. Haiti
72. Honduras
73. Hungary
74. Iceland
75. India
76. Indonesia
77. Iran, Islamic
Republic of
78. Iraq
79. Ireland
80. Israel
81. Italy
82. Jamaica
83. Japan
84. Jordan
85. Kazakhstan
86. Kenya
87. Kiribati
24. ACTIVITIES (WORLD WIDE)
Improving the livelihoods of Miskito Indigenous people in La Moskitia.
Sint Maarten Airport Terminal Reconstruction Project
Digital Government for resilience
Paraguay Public Health Sector Strenthening
Saint Lucia Health System Strengthening Project
Health Service Delivery Network Project
Argentina First Inclusive Growth Programmatic DPF
Support for the National Indigenous Peoples Development Plan
Chile - Public Health Sector Support Project
FIRST IMPROVED GOVERNANCE OF PUBLIC RESOURCES AND NUTRITION
Strengthening Universal Health Insurance in Costa Rica
25. Ecuador Risk Mitigation and Emergency Recovery Project
Poverty Reduction and Local Development Project
Provincial Reform Loan Project - Cordoba
Decentralization Adjustment Loan Project
Poverty Reduction Fund Project
Health Sector Reform Project
Hurricane Emergency Project
Emergency Recovery and Disaster Management Project
Early Childhood Development Project
Haiti Emergency Recovery and Disaster Management
26. ACTIVITIES IN NEPAL
Youth Employment Transformation Initiative Project(o)
Nepal: Additional Financing for School Sector Development Program
Programmatic Fiscal and Public Financial Management Development Policy
Credit
Nepal: Private Sector-Led Mini-Grid Energy Access Project
Second Bridges Improvement and Maintenance Program
Food and Nutrition Security Enhancement Project
Nepal: Community Action for Nutrition Project (Sunaula Hazar Din)
Urban Water Supply and Sanitation Rehabilitation Project
Nepal Health Sector Management Reform Program(o)
Rural Water Supply and Sanitation Project
Population and Family Health Project
27. Youth Employment Transformation Initiative Project
Project ID :P160696
Country: Nepal
Region: South Asia
Approval Date: September 12, 2019(as of board presentation)
Closing Date: June30,2024
Team Leader: Jasmine Rajbhandary,Anastasiya Denisova
Total Project Cost: US Dollar 120.00 million
Commitment Amount: US Dollar 120.00 million
28. CONCLUSION
World Bank established in 1944, before the World War II, helps the effected
countries to overcome their losses.
World Bank has 188 IBRD and 76 IDA countries.
It was formed to reduce the poverty of the member countries.
World Bank provides loans for developing countries in the sector of
development.