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

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Trump Has Now Shifted $1.3 Million Of Campaign-Donor Money Into His Business
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USD/JPY Price Forecast ' US dollar runs into resistance against Japanese yen
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FOMC Preview: EUR/USD to Eye Monthly-High on Dovish Forward-Guidance
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US dollar exchange rate continues to decline in Egypt
The US dollar exchange rate continued its decline against the Egyptian pound on Wednesday morning for the third day in a row, being bought at ...
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Dollar steady ahead of Fed decision; sterling slides
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FOREX-Dollar steady ahead of Fed decision; sterling slides
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