Thursday 25 August 2011

WORLD BANK

http://www.worldbank.org/




The World Bank is an international institution that has the duty to provide poorer countries with finance to reduce poverty. The headquarters are located in Washington, D.C. furthermore, the World Bank is consisting of two institutions and each one has its different strategies and goals to achieve. These institutions are: International Bank for Reconstruction and Development (IBRD) and International Development Association (IDA).

Moreover, the World Bank has a very vital source for financial and technical assistance to countries where people are suffering from poverty by helping these countries through its financial ability as well as experience. Its major concentrations are, to aid poorest countries, increasing their economic growth and improving quality of life. Moreover, with more than 100 countries’ partnership, the institution is aimed to improve health and education, to tackle corruption, inject funds into agriculture sectors, build public facility such as roads and ports as well as protecting environmental issues. Furthermore, the World Bank supports international investments to invest in countries where catastrophe took place or war had occurred in order to help rebuilding these countries.http://www.worldbank.org/

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