World Bank
Comprises two institutions managed by 188 member
countries
·
International
Bank for Reconstruction and Development (IBRD) - aims to reduce poverty in
middle-income and creditworthy poorer countries
·
International
Development Association (IDA) - focuses exclusively on the world's poorest
countries
The World Bank:
• Provides
grants and low interest loans
• Offers
policy advice and technical assistance to developing countries
• Co-ordinates
projects with governments
