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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. [5] The World Bank is the collective name for the International Bank for Reconstruction and Development (IBRD) and International Development Association (IDA ...
The International Finance Corporation ( IFC) is an international financial institution that offers investment, advisory, and asset-management services to encourage private-sector development in less developed countries. The IFC is a member of the World Bank Group and is headquartered in Washington, D.C. in the United States.
That’s the process, once every three years, in which donor countries are asked to fund IDA's grants and low-interest loans to 75 of the world’s poorest economies. World Bank President Ajay ...
Asian Infrastructure Investment Bank (AIIB) Black Sea Trade and Development Bank. Caribbean Development Bank (CDB) Colombo Plan (CP) Development Bank of Latin America and the Caribbean (CAF) Eurasian Development Bank. European Bank for Reconstruction and Development (EBRD) European Investment Bank.
David Robert Malpass (born March 8, 1956) is an American economic analyst and former government official who served as President of the World Bank Group from 2019 to 2023. . Malpass previously served as Under Secretary of the Treasury for International Affairs under Donald Trump, Deputy Assistant Treasury Secretary under Ronald Reagan, and Deputy Assistant Secretary of State under George H. W. Bu
International Monetary Fund; Abbreviation: IMF: Formation: 27 December 1945; 78 years ago (): Type: International financial institution: Purpose: Promote international monetary co-operation, facilitate international trade, foster sustainable economic growth, make resources available to members experiencing balance of payments difficulties, prevent and assist with recovery from international ...
The Inter-American Development Bank ( IDB or IADB) is an international financial institution headquartered in Washington, D.C., United States of America, and serving as the largest source of development financing for Latin America and the Caribbean. [1] Established in 1959, the IDB supports Latin American and Caribbean economic development ...
Jennifer "DJ" Nordquist [1] is a public policy expert who served as the U.S. Executive Director of the World Bank, representing the U.S. as the largest shareholder at the International Bank for Reconstruction and Development (IBRD), International Development Association (IDA), International Finance Corporation (IFC), and Multilateral Investment ...