World Bank Group

The World Bank Group is an international organization that provides financial and technical assistance to developing countries. Its goal is to reduce poverty and promote sustainable development. It has five institutions, the main ones being the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA), which lend money and provide grants for projects like building infrastructure, improving education, and enhancing healthcare. By supporting these initiatives, the World Bank Group aims to improve living standards and foster economic growth in countries around the globe.