Professional Documents
Culture Documents
World Bank
World Bank
World Bank
BANK
THE WORLD BANK
IBRD.IDA.WORLD BANK GROUP
BABITA (12200619)
AJIT KOUSHAL (12200807)
RAJVIR KAUR(12201182)
KONIKA (12201071)
DANISH (12201120)
TABLE OF
CONTENTS
• Objective
• Criticism
What is World Bank?
The World Bank Group is an international financial institution that provides loans and
.
grants to middle income countries
IBRD IDA
The International bank
The International
for reconstruction and
development
development
association
• Created in 1944
• 189 members
• To help Europe rebuild after World War II
• Provides loans at market rates of interest
to middle-income developing countries
and creditworthy lower-income countries
The International Development
Association
• IFC is the largest global development institution focused on the private sector in
developing countries.
• Since 1956, IFC has invested more than $321 billion in emerging markets and
developing economies.
Multinational Investment Guarantee
Agency(MIGA)
• The bank loan of $34 million was approved for the Indian
Railways.
The World Bank
Group’s
Response to the
COVID-19
Pandemic
What does the World bank do today?
• $170 billion response to the food crisis as well as the war in Ukraine.
• $14 billion to help more than 100 countries respond to the health impacts of COVID-
19 and vaccinate their people.
• IBRD committed $33.1 billion, including support for more than 45 middle-income
countries.
• $300 million to help Türkiye scale up private sector investment in geothermal
energy.
• $50 million grant of additional financing for Tajikistan to mitigate food and nutrition
insecurity impacts on households and enhance the overall resilience of the agriculture
sector.
• A $315 million loan to support Chad, Ghana and Sierra Leone to increase their
preparedness against food insecurity and to improve the resilience of their food systems.
• The World Bank gives $1.78 billion in assistance to help relief and recovery efforts
following devastating earthquakes and aftershocks in Türkiye that have already resulted
in massive loss of life
• February 10, 2023- The World Bank Approves Initial $50 Million Grant to Help Repair
Transport Infrastructure in Ukraine.
• $793 million that will provide urgent and essential food, livelihood, and health services
to the people of Afghanistan.
Implications of World Bank