The World Bank group has set goals for the world to achieve by 2030.
End extreme poverty by decreasing the percentage of people
living on less than $ 1.90 a day to no more than 3%.
Promote shared prosperity by fostering the income growth of
the bottom 40% for every country Area of operations - Agriculture and Food - Climate change - Disaster risk - Management - Education - Energy - Environment - Extractive Industries - Financial inclusion - Forests - Gender - Governance Area of operations - Health - Jobs and Development - Macroeconomics and Fiscal Mgt. - Nutrition - Poverty - Regional Integration - Social Development - Transport - Urban Development - Water - Sanitation - Water in Agriculture. Institutions of World Bank Group Five institutions ,One group – 1.The International Bank for reconstruction and Development (IBRD) . IBRD provides loans and advice to middle income and credit worthy poor Countries. 189 2.The International Development Association (IDA). IDA provides interest free loans called credits and grants to governments of the poorest countries. 173 3. The International Finance Corporation(IFC). IFC is the largest global development institution focused exclusively on the private sector. We help developing countries achieve sustainable growth by financing investment, mobilizing capital in international financial markets, and providing advisory services to businesses and governments. 185 4. The Multilateral Investment Guarantee Agency(MIGA). It was created in 1988 to promote foreign direct investment into developing countries to support economic growth, reduce poverty, and improve people’s lives. 181 5. The International Centre for settlement of investment disputes(ICSID). It provides international facilities for conciliation and arbitration of investment disputes. (ICSID) provides international facilities for conciliation and arbitration of investment disputes.154 IFC,MIGA,ICSID focus on strengthening the private sector in development countries. Through this institutions the world bank provides financing, Technical assistance, political risk insurance. Focus Area
- Ending preventable maternal and child mortality
- Reducing stunting and improved nutrition for infants and children - Strengthening health systems and health financing. - Ensuring pandemic preparedness and response - The prevention and treatment of communication diseases.
And During fiscal years 2011 to 2019, 769 million people
received health service through the World Bank IDA finds.