You are on page 1of 8

Goals of World Bank Group

 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.

You might also like