The World Bank is an international organization dedicated to providing financing, advice and research to developing nations to aid their economic advancement. 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 Group is jointly owned by its 185 member country governments, but the donor countries hold greater power in making decisions about the Bank's policies and which projects it funds than borrower countries. The World Bank Group President is, and always has been, a U.S. citizen.

The World Bank has two stated goals that it aims to achieve by 2030. The first is to end extreme poverty by decreasing the amount of people living on less than $1.90 a day to below 3% of the world population. The second is to increase overall prosperity by increasing the income growth in the bottom 40% of the world's population.

Latest news on The World Bank & the Economy

How Much Money Do You Need to Make to be "Rich"'
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MONEY MAKEOVER SHOW 1-16-2019
MONEY MAKEOVER SHOW 1-16-2019. January 16, 2019 - Podcasts - no comments - Print This Post. Hosts: Jamie Keys, Toni Navarre, and Doug ...
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Couple who found Jayme Closs thinks she should get reward money
Authorities are deciding what to do with the $50,000 reward in the Jayme Closs case ' because the couple who called 911 to help the teen said she ...
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Money. Jan 17, 2019, 7:10 AM. Hi all. We aren't coming to Cancun until July however, I just want to make sure on a few things. We are staying all ...
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Revised Tax Treatment Of Interest, Forex Gains In ABA's Sights
Law360 (January 16, 2019, 8:47 PM EST) -- Expanded definitions of business interest as well as gains derived from foreign-currency hedging will ...
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FOREX-Dollar pauses, pound steadies after May wins no-confidence vote
... * Major currencies mostly hold to tight ranges. * WSJ report on Huawei, toll of U.S. shutdown in focus. * Graphic: World FX rates in 2018 tmsnrt.rs/ ...
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