World Bank photograph

World Bank

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Web site www.worldbank.org
HeadquartersWashington
D.C.
United States
FoundedBretton Woods
New Hampshire
United States
Subsidiaries International Finance Corporation
International Bank for Reconstruction and Development
Founders Harry Dexter White
John Maynard Keynes
Presidents David Malpass
Ajay Banga
Raw mottoWorking for a World Free of Poverty
Parent organizations World Bank Group
Okra answer panel mission Mission
Okra answer panel criticism Criticism
Okra answer panel ownershipOwnership
Okra answer panel value Value
Okra answer panel history History
Okra answer panel goalsGoals
Okra answer panel grade levelGrade level
Okra answer panel structureStructure
Legal statusTreaty
Date of Reg.
Date of Upd.
ID618504
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About World Bank


The World Bank is an international financial institution that provides loans and grants to the governments of low- and middle-income countries for the purpose of pursuing capital projects.

COP28: Can a climate summit in an oil state change anything?

COP28: Can a climate summit in an oil state change anything?
Nov 29,2023 12:41 pm

... Also look out for evidence that big global institutions like the World Bank and the International Monetary Fund are bowing to pressure to change their lending rules to help get the cash flowing...

Toxic gas putting millions at risk in Middle East, BBC finds

Toxic gas putting millions at risk in Middle East, BBC finds
Nov 27,2023 9:41 pm

... Working with BBC Arabic, environmental scientists combined this information with the volumes of gas flared - which the World Bank publishes - to work out total pollution...

UK government plans radical shake-up of foreign aid for climate change disasters

UK government plans radical shake-up of foreign aid for climate change disasters
Nov 17,2023 10:21 pm

... The idea is to use the balance sheets of international financial institutions, such as the World Bank and the IMF, to guarantee greater investment in development from private capital such as pension funds...

Ethiopia PM Abiy eyes Red Sea port, inflaming tensions

Ethiopia PM Abiy eyes Red Sea port, inflaming tensions
Nov 7,2023 9:31 pm

... The Ethiopian economy is in a tailspin, and desperately needs a bailout from western donors along with the International Monetary Fund (IMF) and World Bank...

Shell posts $6. 2bn profit as oil prices rise again

Shell posts $6. 2bn profit as oil prices rise again
Nov 2,2023 4:21 am

... Earlier this week, the World Bank warned that the conflict in the Middle East could push the price of crude oil up to $150 a barrel - compared to $85 today...

Afghan refugees forced to leave Pakistan say they have nothing

Afghan refugees forced to leave Pakistan say they have nothing
Nov 1,2023 4:21 am

... The unemployment rate more than doubled from the period immediately before the Taliban takeover to June 2023, according to the World Bank...

World Bank warns oil prices could reach $150 a barrel

World Bank warns oil prices could reach $150 a barrel
Oct 30,2023 4:51 pm

...By Vishala Sri-PathmaBusiness reporterOil prices could rise to more than $150 a barrel if the conflict in the Middle East escalates, according to the World Bank...

China's roads win hearts in South Asia - but at a cost

China's roads win hearts in South Asia - but at a cost
Oct 14,2023 8:01 pm

... That s why it has gotten into the risky business of international bailout lending, " said Carmen Reinhart, a former World Bank chief economist and one of the study s authors...

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