The world bank is an internationally supported bank that provides financial and technical assistance to developing countries for

development programs (e.g. bridges, roads, schools)with the stated goal of reducing poverty.

BUILDING OF WORLD BANK

President :- Jim Yong Kim Membership :- 185 countries Affiliates :- IFC, MIGA, ICSID Headquarters :- Washington, DC and

more than 100 country Staff about 10000 all over

the world Established :- July 1,1944

Fund generation Loans Grants Analytic & Advisory Services Capacity buildingNEED OF WORLD BANK Build Capacity Create Infrastructure Develop Financial System

IBRD lending to developing countries is financed by selling AAA-rated bonds.

IDA is the world’s largest source of interest free loans and grant assistance to the poorest countries.

LOANS Investment Loans World Bank Treasury

Relieve the debt burden of heavily indebted poor countries

Improve sanitation and water supplies Support vaccination and immunisation

programs to reduce the incidence of communicable diseases like malaria

Combat the HIV/AIDS pandemic Support civil society organisations Create initiatives to cut the emission of

greenhouse effect

Advisory Services and Ask Us Global Development Learning Network World Bank Institutes Global and Regional

Programs B-SPAN

Agriculture and Rural Development

Economic policy Education Energy Environment Financial sector Health, nutrition

and population industry

Information, computing and telecommunication

Law and justice Private sector Social protection Trade Water resources Water supply and

sanitation

India is home to over one-quarter of the world’s poor, and the World Bank Group is focused on sharing best practices as well as financing for development as part of its mission ton help reduce global poverty.

World bank provides the largest external funds for education.

It is a big support in reducing poverty. It provides fund for biodiversity projects. it helps to bring clean water, electricity, and

transport to poor people. It helps in controlling emerging conflicts.

5 PRIORITIES OF WORLD BANK