World Bank

The World Bank is an international financial institution that provides loans to developing countries for capital programs. 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, which is part of the United Nations system.

The World Bank's official goal is the reduction of poverty. However, according to its Articles of Agreement, all its decisions must be guided by a commitment to the promotion of foreign investment and international trade and to the facilitation of Capital investment.

World Bank Group

The World Bank is not to be confused with the World Bank Group, an extended family of five international organizations:

International Bank for Reconstruction and Development (IBRD)

International Development Association (IDA)

International Finance Corporation (IFC)

Multilateral Investment Guarantee Agency (MIGA)

International Centre for Settlement of Investment Disputes (ICSID)

This page contains text from Wikipedia, the Free Encyclopedia - https://wn.com/World_Bank

Latest News for: World bank centre

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The spectre of Carney now looms over Morneau, but that should be a good thing

Canada Dot Com 13 Aug 2020

... of the Bank of Canada ... Rather, he was called up to the big leagues in 2013, taking over as governor of the Bank of England, the first outsider to preside over one of the world’s most important financial centres and an economy that is 1.5 times larger than that of Canada....

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Belarus – A Color Revolution of a Different Shade?

GlobalResearch 13 Aug 2020

He worked for over 30 years with the World Bank and the World Health Organization around the world in the fields of environment and water ... He is the author of – fiction based on facts and on 30 years of World Bank experience around the globe ... He is a Research Associate of the Centre for Research on Globalization....

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Improving the condition of Nigerian roads

Business Day Online 13 Aug 2020

Approximately, Nigeria has 200,000 kilometres of roads ... Perhaps, the reasons are not far-fetched ... A report by an Abuja-based Centre for Social Justice (CSJ) based on an earlier study by the World Bank estimates the cost of constructing a kilometre of road in Nigeria at between N400 million and N1 billion ... And that was seven years ago ... That is not all ... ....

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Sanusi goes to Oxford University as academic visitor

Business Day Online 12 Aug 2020

Oxford University’s African Studies Centre is one of the world’s leading Centres of African Studies. The Centre notes that Sanusi who is also a former Governor of the Central Bank of Nigeria (CBN), intends to use the period of his affiliation to write a book around the theme....

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Medallia Singapore data centre to support customer growth

Malaysian National News Agency 12 Aug 2020

“The Singapore data centre ... In its Asia’s continued accelerated growth trajectory, Medallia is excited to open its doors to customers and partners, including large Singaporean native and international banks, and world leading commercial real estate services businesses....

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Sierra Leone: Native Consortium Commends World Bank, Recommends Judicious Use of U.S.$40 Million Grants

All Africa 12 Aug 2020

Native Consortium & Research Centre (NCRC) has thanked the World Bank ......

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How a digital initiative helped Karnataka Bank become ‘aatmanirbhar’

Business Line 11 Aug 2020

An initiative to set up a ‘Digital Centre of Excellence’ by Karnataka Bank ... “I believe a new fascinating world of banking is knocking at the door of bankers and, we, at Karnataka Bank, are already ahead of times through our ‘Digital Centre of Excellence’ at Bengaluru,” he said....

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Tomar launches ICAR's data recovery centre Krishi Megh

Yahoo Daily News 11 Aug 2020

The data recovery centre has been set up at National Academy of Agricultural Research Management (NAARM), Hyderabad.   Krishi Megh has been set up under the National Agricultural Higher Education Project (NAHEP), funded by both the government and World Bank....

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How efficient are our roadways?

Business Line 11 Aug 2020

Of late, the World Bank has developed a domestic logistics performance index (LPI) across nations including India ... Moreover, the survey for the World Bank Domestic LPI was undertaken only at the major growth centres and, therefore, does not provide an insight into the regional underpinnings....

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Rs 2,450cr aid from World Bank, KfW to get nod

The Times of India 10 Aug 2020

The funds include Rs 1,700 crore from the World Bank and Rs 750 crore from KfW ... The Centre’s decision came after the state successfully negotiated a revised model for borrowing, which was agreed by the World Bank and KfW ... The World Bank had introduced PfR in 2012, in which the ......

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Education at the mercy of the market

Frontline 09 Aug 2020

NEP 2020 states that its priority, like that of the World Bank, is ensuring that quality education be made accessible to all children from pre-nursery to Class 12 ... The World Bank ... Yet, the Centre has finalised the third intervention with the World Bank.Exclusion of the marginalised....

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Mumbai: Over 50% water stock in 7 lakes after 3 days of moderate rain

Indian Express 09 Aug 2020

State nod to declare 2,011 sq km Angria Bank as protected area, Centre’s approval awaited. Home Elections India World North East India Arunachal Pradesh Assam Manipur Meghalaya Mizoram Nagaland Tripura Photos Entertainment Sports News Lifestyle Viral Technology Archives Videos ......

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New consultant to be employed for Rs 120cr

The Times of India 07 Aug 2020

The state government will borrow Rs 2,100 crore from World Bank with interest, while nearly 50% of the funds received from Centre, free of interest, under SBM (urban) remained unspent between 2015-16 and 2019-20, as per data available data in February 2020 obtained through RTI....