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World Bank
 

Link : www.worldbank.org

The World Bank is an international financial institution that provides loans to developing countries for capital programs.

The World Bank's official goal is the reduction of poverty. According to the Articles of Association of the World Bank Agreement (as amended effective 16 February 1989), all decisions must be guided by a commitment to promote foreign investment, international trade and facilitate capital investment.

The World Bank differs from the World Bank Group, the World Bank comprises only two institutions: the International Bank for Reconstruction and Development (IBRD) and International Development Association (IDA), while the latter incorporates these two in addition to three more: International Finance Corporation (IFC), Multilateral investment Guarantee Agency (MIGA), and International Centre for Settlement of Investment Disputes (ICSID).

 

 

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Devex (www.devex.com)  is the source for international development jobs, international development tenders and procurements, and foreign aid relief news from World Bank, USAID, DFID, NGO community, EuropeAid, UNDP and more.