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How Has The World Bank Affected The Economy?

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    The basic purpose of the world bank is to provide Financial and technical assistance for the developing countries. It is playing an important role in the economies of many developing as well as poor countries. The world bank works for poverty reduction and better living standards  for the world.

    The World bank supports the economies by improving health, education and infrastructure. They do this by providing loans and grants to the developing as well as the poor countries.

    The world bank is a body which is basically a combination of two institutions which are IBRD (International Bank for Reconstruction and Development ) and IDA (International Development Association). These institutions are owned by 185 countries.





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    Katie01 

    answered 1 year ago

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