International Bank for Reconstruction and Development (IBRD)

The International Bank for Reconstruction and Development (IBRD) is part of the World Bank Group, established to help middle-income and creditworthy low-income countries. Its primary focus is to provide loans and financial services for development projects, such as building infrastructure, improving education, and promoting economic stability. By financing these projects, the IBRD aims to reduce poverty, boost sustainable development, and enhance living standards. It operates on principles of collective effort and cooperation among member countries, supporting long-term economic growth through strategic investments and expertise.