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World Bank
- 2. World Bank • Theworld bank is an internationally supported bank that provides financial and technical assistance to developing countries for development programs (e.g. bridges, roads, schools)with the stated goal of reducing poverty. • President :- Robert B. Zoellick • Membership :- 185 countries • Affiliates :- IFC, MIGA, ICSID • Headquarters :- Washington, DC and • Established :- July 1,1944
- 3. Need of WorldBank Build Capacity Create Infrastructure Develop Financial System Combat Corruption
- 4. Operations Fund generation Loans GrantsAnalytics & Advisory Capacity building
- 5. Fund Generation • IBRDlending to developing countries is financed by selling AAA-rated bonds. • IDA is the world’s largest source of interest free loans and grant assistance to the poorest countries.
- 6. Loans Investment Loans DevelopmentPolicy Loans World Bank Treasury
- 7. • Relieve thedebt burden of heavily indebted poor countries • Improve sanitation and water supplies • Support vaccination and immunisation programs to reduce the incidence of communicable diseases like malaria • Combat the HIV/AIDS pandemic • Support civil society organisations • Create initiatives to cut the emission of greenhouse effect Grants
- 8. • Poverty Assessments •Public Expenditure Reviews • Country Economic Memoranda • Social and Structural Reviews • Sector Reports • Topics in Development Analytics and Advisory Services
- 9. Areas of Operation •Agriculture and Rural Development • Economic policy • Education • Energy • Environment • Financial sector • Health, nutrition and population industry • Information, computing and telecommunication • Law and justice • Private sector • Social protection • Trade • Water resources • Water supply and sanitation