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World Bank

The World Bank is made up of two development institutions, the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA). IBRD lends to middle-income countries, while IDA provides interest-free credits and grants to the poorest countries. Together, they aim to reduce poverty by providing financing to boost economic growth, reduce inequalities, and improve living conditions in developing nations. The World Bank raises funds through bond sales and contributions from richer member countries to finance projects that work towards achieving the United Nations' Millennium Development Goals.

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48 views13 pages

World Bank

The World Bank is made up of two development institutions, the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA). IBRD lends to middle-income countries, while IDA provides interest-free credits and grants to the poorest countries. Together, they aim to reduce poverty by providing financing to boost economic growth, reduce inequalities, and improve living conditions in developing nations. The World Bank raises funds through bond sales and contributions from richer member countries to finance projects that work towards achieving the United Nations' Millennium Development Goals.

Uploaded by

Fahd Ghuman
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© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PPT, PDF, TXT or read online on Scribd
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A brief introduction of WB
The World Bank

A vital source of financial and technical assistance to developing countries around the world. It is made up of two unique development institutions owned by 185 member countries.

World Bank

IBDR

IDA

the International Bank for Reconstruction and Development (IBRD) the International Development Association (IDA)

Fund Generation
World bank gets its main income by lending out its own capital. IBRD is primarily financed by selling AAA-rated bonds in the world's financial markets and part of World Banks operating expenses is offered by IBRD. IDA's funds are replenished every three years by 40 donor countries.

The role of IBRD &IDA


Acts as facilitator of post-war reconstruction and development to the present day mandate of worldwide poverty alleviation in close coordination with our affiliate, the International Development Association.

Aims
IBRD aims to reduce poverty in middle-income and creditworthy poorer countries by promoting sustainable development through loans, guarantees, risk management products, and analytical and advisory services. IDA aims to reduce poverty by providing interest-free credits and grants for programs that boost economic growth, reduce inequalities and improve peoples living conditions

Together: role of WB
Provide low-interest loans, interest-free credits and grants to developing countries Provide analysis, advice and information to its member countries

Increase the capabilities of its partners

How to raise fund?


IBRD raises most of its funds on the world's
financial markets and has become one of the most established borrowers since issuing its first bond in 1947. The income that IBRD has generated over the years has allowed it to fund development activities and to ensure its financial strength, which enables it to borrow at low cost and offer clients good borrowing terms.

IDA is funded largely by contributions from the


governments of its richer member countries. Additional funds come from IBRD's income and from borrowers' repayments of earlier IDA credits.

Millennium Development Goals

Progress in the Fight Against Poverty


Goal 1: Halve extreme poverty and hunger. Goal 2: Achieve universal primary education Goal 3: Empower women and promote equality between women and men Goal 4: Reduce under five child mortality by two-thirds Goal 5: Reduce maternal mortality by three-quarters Goal 6: Ensure environmental sustainability Goal 7: Create a global partnership for development, with targets for aid, trade and debt relief.

Developing countries MUST:

THANK YOU!

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