A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
World Bank
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| - | The World Bank is an agency for channelling aid funds to developing countries for medium and long-term projects. The Bank raises funds by selling bonds on world [[Capital|capital]] markets and makes loans from its own resources. | + | The World Bank is an international agency for channelling aid funds to developing countries for medium and long-term projects. The Bank raises funds by selling bonds on world [[Capital|capital]] markets and makes loans from its own resources. |
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| - | See also: [[Bretton Woods]], [http://www.worldbank.org/ www.worldbank.org] | + | See also: [[Bretton Woods]], [http://www.worldbank.org/ www.worldbank.org], [[IBRD]] and [[IDA]] |
Current revision
The World Bank is an international agency for channelling aid funds to developing countries for medium and long-term projects. The Bank raises funds by selling bonds on world capital markets and makes loans from its own resources.
See also: Bretton Woods, www.worldbank.org, IBRD and IDA