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The World Bank, established in 1944, is a multilateral financial institution that provides loans and grants to reduce poverty in low- and middle-income countries.
In 1956, the World Bank established the International Finance Corporation, a unit that specializes in encouraging private investment in developing countries.
The World Bank Group is a family of five multilateral institutions focused on economic development whose overarching mission is global poverty reduction. Established by Western powers in 1944, ...
The World Bank provides financing, advice, ... Established in 2016 for $377.41 million to increase the equitable distribution of vaccines to children ages 0 to 23 months.
In 1993 it established the world’s first citizen driven independent accountability mechanism, the World Bank Inspection Panel. This article argues that the panel’s 30th anniversary is a moment ...
The World Bank is ending its long-standing ban on providing funding for nuclear energy projects - and will be open to supporting efforts to extend the life of existing reactors and accelerate the ...
The World Bank on Tuesday reduced its outlook for both global and U.S. economic growth this year, citing disruptions to global trade stemming from President Trump’s trade war. Global growth in ...