WG (World Bank Group)

The World Bank Group (WBG) is an international organization that aims to reduce poverty and promote sustainable economic development worldwide. It comprises five institutions that provide financial and technical assistance to developing countries. The WBG helps nations implement projects, improve infrastructure, and build capacities in areas like education, health, and governance. By offering loans, grants, and expertise, the organization works to foster growth and improve living conditions for people, ultimately striving for a more equitable global economy.