World Bank


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World Bank

n
(Banking & Finance) an international cooperative organization established in 1945 under the Bretton Woods Agreement to assist economic development, esp of backward nations, by the advance of loans guaranteed by member governments. Officially called: International Bank for Reconstruction and Development

World′ Bank′


n.
a specialized agency of the United Nations that furthers the economic development of member nations, chiefly through guaranteed loans. Official name, International Bank for Reconstruction and Development.

World Bank

An international cooperative financial organization that gives loans to developing countries.
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Noun1.World Bank - a United Nations agency created to assist developing nations by loans guaranteed by member governments
UN agency, United Nations agency - an agency of the United Nations
References in periodicals archive ?
Annette Dixon was accompanied by Akihiko Nishio, Director World Bank and Uzma Basim, Senior Country Officer World Bank.
The World Bank will continue to support Bangladesh in areas necessary to move up within middle income country status.
BEIRUT: The World Bank plans to double its investments in Lebanon by 2020 though an official decision has yet to be taken in this regard, the bank's newly appointed MENA region vice president told The Daily Star Wednesday.
Sri Mulyani Indrawati MD, World Bank, and discussed the Banks program portfolio in Pakistan.
It involves construction of the road from Rankovce to Kriva Palanka in the first stage, and later from Kriva Palanka to the Bulgarian border in the second stage, Stavreski said, adding that the second project for which there was also general support from the World Bank and the European Bank concerned the gasification of the country.
Malaysia and the World Bank Group are said to be finalising an Office Support Agreement that would see the World Bank establish an office in the nation.
The World Bank and the International Monetary Fund (IMF) are expected to help the member states attain their goals and developmental policies," Tayyebnia said, addressing a meeting of the IMF in Washington on Saturday.
The World Bank has analyzed impact of raise of tariffs on various sectors of population this year, the results were shared with the Kyrgyz government, he said.
the World Bank said the Islamic Republic had failed to pay anything at all that it owed the World Bank in the preceding six months.
MSEs in Egypt, which make up 98% of enterprises, create 85% of employment opportunities in non-agriculture private sectors and 40% of total employment, the World Bank stated.
The World Bank has been working actively in South Sudan since 2005 to provide early assistance, given its urgent development needs.
Org, a website urging Obama not to pick Summers to head the World Bank.

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