Global Political Alliances Questions
The World Bank is an international financial institution that provides loans and grants to the governments of low- and middle-income countries for the purpose of promoting economic development and reducing poverty. It consists of two institutions: the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA). The World Bank aims to support projects and programs that address various development challenges, such as infrastructure development, education, healthcare, and environmental sustainability. Additionally, it provides technical assistance and policy advice to its member countries.