World Bank

The World Bank is an international financial institution that provides loans and grants to countries to support development projects aimed at reducing poverty and promoting economic growth. It helps nations improve infrastructure, education, health care, and agriculture, fostering sustainable development. Comprising two main institutions—the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA)—the World Bank works with governments to implement policies and programs that enhance living conditions and economic opportunities, especially in low and middle-income countries. Its goal is to build a better future for the developing world.