World Bank
The World
Bank was established in 1944 and is headquartered in Washington, D.C with more
than 100 offices worldwide and over 10,000 employees.
The World Bank is divided into two development institutions
owned by 186 member countries:
1. The International Bank for Reconstruction and Development
(IBRD) aims to reduce poverty in middle-income and creditworthy poorer
countries.
2. The International Development Association (IDA) focuses on
the world's poorest countries.
The World Bank
provides financial and technical assistance to developing countries around the
world. The
