World Bank

The World Bank is an international financial institution that provides loans to developing countries for capital programs. It comprises two institutions: the International Bank for Reconstruction and Development (IBRD), and the International Development Association (IDA). The World Bank is a component of the World Bank Group, which is part of the United Nations system.

The World Bank's official goal is the reduction of poverty. However, according to its Articles of Agreement, all its decisions must be guided by a commitment to the promotion of foreign investment and international trade and to the facilitation of Capital investment.

World Bank Group

The World Bank is not to be confused with the World Bank Group, an extended family of five international organizations:

International Bank for Reconstruction and Development (IBRD)

International Development Association (IDA)

International Finance Corporation (IFC)

Multilateral Investment Guarantee Agency (MIGA)

International Centre for Settlement of Investment Disputes (ICSID)

This page contains text from Wikipedia, the Free Encyclopedia - https://wn.com/World_Bank

Latest News for: World bank report

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Nutrition plan to be launched before code of conduct kicks in

The Times of India 23 Feb 2019

TOI had reported on February 8 how the mission, a joint initiative of the Centre and the World Bank, aimed at reducing nutritional deficiencies among children and adolescent girls, has remained a non-starter in the state even after 11 months of its launch....

photo: WN / RTayco

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World's top 10 most valuable banking brands

China Daily 22 Feb 2019

Five of the world's top 10 most valuable banking brands this year are from China, with four of them claiming the top four spots in the rankings, according to a report released by London-based brand valuation consultancy Brand Finance....

photo: Creative Commons / Veni Markovski

Rwandan President Paul Kagame at the ITU Plenipotentiary Meeting in Busan, Korea

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Rwandan president assures foreign diplomats of conducive business environment

Xinhua 22 Feb 2019

Rwanda has been on several occasions ranked high globally by the World Bank Doing Business Report for its conducive business environment, he told over 100 head of foreign missions to Rwanda ... to do business in Africa in the World Bank Group's 2019 Doing Business report....

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MBS in China: Beijing sees 'enormous potential', will boost financial ties

International Business Times 22 Feb 2019

Saudi Aramco, the world's top oil exporter, could sign a ... The two countries will support reform of the World Bank and the International Monetary Fund and support new multilateral development institutions such as the Asian Infrastructure Investment Bank to play more active roles....

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China, Saudi to boost financial cooperation

The Siasat Daily 22 Feb 2019

... cooperation, media reported ... The two countries will support reform of the World Bank and the International Monetary Fund and support new multilateral development institutions such as the Asian Infrastructure Investment Bank to play more active roles....

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‘Pakistan to be among five largest world economies by end century’

The News International 22 Feb 2019

He praised that Pakistan improved 11 notches in World Bank’s Doing Business Report and stood at the 136th position in accordance with the latest results ... He praised that Pakistan improved 11 notches in World Bank’s Doing Business Report and stood at the 136th position in accordance with the latest results....

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Opinion: China’s Economy Will Need Credit Scores and Well-Regulated Lenders

Caixin Online 22 Feb 2019

... the World Bank’s January 2019 Global Economic Prospects report says presaging tougher times ahead....

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Why is the Moldovan government discriminating against the diaspora?

Open Democracy 22 Feb 2019

Except the current government – which the World Bank has recently described as “captured by oligarchic interests” – is trying to prevent some of its electorate from voting. Indeed, there are reports of people who work state institutions being threatened that if they don’t give their votes to the ruling Democratic Party, they will lose their jobs....

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Reports suggesting that the World Bank (WB) has painted a gloomy picture of Ghana's educational system is not true, the Ministry of Education has explained.

Graphic 21 Feb 2019

Reports suggesting that the World Bank (WB) has painted a gloomy picture of Ghana's ......

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Sindh govt launches online portal to facilitate business registration

The News International 21 Feb 2019

The Government of Sindh has also had the support of Department for International Development (DFID), UK.The business environment in Pakistan registered a significant improvement last year when the World Bank’s flagship report, the Doing Business Index, showed Pakistan’s global rank as having risen by 11 places from 147 out of 190 in 2018 to 136....

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Business registration portal launched

Dawn 21 Feb 2019

He said the World Bank’s Ease of Doing Business report had become one of the most important indicators for companies choosing countries to invest in and on the political side, it was an index on which countries competed, and against which success of governments was measured....

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Banking veteran Alan Eddie Joins AST as Chief Technology Officer

Moneycontrol 21 Feb 2019

“Alan is well known and respected for his strategic leadership and innovative approaches, having made a transformative impact on some of the world’s preeminent banks through large-scale business line and company integrations, the buildout of regulatory reporting and lending ......

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The International Organisation for Migration (IOM) has called on countries in Africa to harness the flow of remittances to stimulate development.

Graphic 21 Feb 2019

According to a new World Bank report, remittances to Sub-Saharan Africa grew by 11 per cent from $34 billion in 2016 to $38 billion ......