4. World Bank
The World Bank is an
internationally
supported bank that
provides financial and
technical assistance
to developing
countries for
development
programs with the
stated goal of
reducing poverty.
5. Motto Working for a World Free of Poverty
Formation
Founder
July 1944
John Maynard Keynes & Harry Dexter White
Type Monetary International Financial Organization
Legal status Treaty
Purpose Crediting
Headquarters Washington, D.C., United States
Region Worldwide
Key people Jim Yong Kim, president
Parent organization World Bank Group
Website worldbank.org
11. Inside the World Bank
It includes five institutions-
Institution Number of country member
International Bank for reconstruction
and development (IBRD)
185
International development Association
(IDA)
167
International Finance Corporation
(IFC)
179
Multilateral Investment Guarantee
Agency (MIGA)
172
International Center for Settlement of
Investment Disputes (ICSID)
143
17. Education
It provides around $200 million annually to
the Government to support education
Primary Education Development Project II
(PEDP II) is the main driver
Girls’ secondary school enrollment increased
from 44.73 percent in 1994 to 54.68 percent in
2000.
25. Economic Development
World Bank the largest external funder of micro
credit programs in Bangladesh.
World Bank first entered into micro credit financing
with $180 million which was channeled to the
borrowers through a local NGO, Palli Karma
Shahayak Foundation (PKSF)
to reach the poorest of the poor, its’ Financial
Services to the Poor (FSP) project is one of its’ most
successful initiatives.
37. Nutrition & Health
Health and Population Sector Program (HPSP), a
five-year nationwide effort that began in 1998
This project was followed by another $600 million.
In April 2005, it committed another $300 million
through the Health, Nutrition and Population Sector
Program II (HNPSP II).