Sectors:Macro-Econ. & Public Finance, Poverty Re ... See moreMacro-Econ. & Public Finance, Poverty Reduction
Types:Financial InstitutionFinancial Institution
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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 pursuing capital projects. It comprises two institutions: the International Bank for Reconstruction and Development (IBRD), and the International Development Association (IDA). The World Bank is a component of the World Bank Group.