World Bank

The World Bank is an international financial institution that provides loans to developing countries for capital programs. The World Bank Group has set two goals for the world to achieve by 2030: end extreme poverty by decreasing the percentage of people living on less than $1.25 a day to no more than 3%; promote shared prosperity by fostering the income growth of the bottom 40% for every country. 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.

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    • World Bank Annual Report, 2022
      September 2022
      Quelle: World Bank
      Hochgeladen von: Knoema
      Zugriff am: 12 Oktober, 2022
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      Data cited at: The World Bank https://www.worldbank.org/en/about/annual-report#anchor-annual- Topic: The World Bank Annual Report 2022- Publication:  https://www.worldbank.org/en/about/annual-report#anchor-annual- License:  https://creativecommons.org/licenses/by/3.0/igo/ Notes: The Annual Report is prepared by the Executive Directors of the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA) - collectively known as the World Bank - in accordance with the by-laws of the two institutions. The President of the IBRD and IDA and the Chairman of the Board of Executive Directors submits the Report, together with the accompanying administrative budgets and audited financial statements, to the Board of Governors.