2. WORLD BANK
The world bank is an internationally supported bank
that provides financial and technical assistance to
developing countries for development programs (e.g.
bridges, roads, schools)with the stated goal of reducing
poverty.
3. INTRODUCTION
The World Bank was originally established to support
reconstruction in Europe after World War II.
On July 1, 2012, Jim Yong Kim became the 12th
president of the World Bank Group.
4. INTRODUCTION
Members :- 188 countries
Headquarters :- Washington, DC
Established :- July 1,1944
Staff :- Approximately 7,000
employees in headquarters and over
3000 employees in 100 offices around
the world.
7. IBRD IDA IFC M.I.G.A ICSID
The International
Bank for
Reconstruction &
Development
(1945)
The
International
Development
Association
(1960)
The
International
Finance
Corporation
(1956)
The
Multilateral
Investment
Guarantee
Agency
(1988)
The
International
Centre for the
Settlement of
Investment
Disputes (1966)
FIVE AGENCIES – ONE GROUP
8. INTERNATIONAL BANK FOR RECONSTRUCTION
AND DEVELOPMENT (IBRD)
Founded : 1944
Members : 188
Purpose : Development assistance, Poverty reduction
“Aims to reduce poverty in middle-income and credit
worthy poorer countries by promoting sustainable
development through loans, guarantees, risk management
products, and analytical and advisory services”.
reign investors
9. INTERNATIONAL DEVELOPMENT ASSOCIATION
(IDA)
Founded : 1960
Members : 172
Purpose : Development assistance, Poverty
reduction
The International Development Association (IDA)
provides interest-free loans—called credits— and
grants to governments of the poorest countries.
11. THE INTERNATIONAL FINANCE
CORPORATION (IFC)
Founded : 1956
Members : 184
Purpose : Private sector development, Poverty
reduction
It is the largest global development institution focused
exclusively on the private sector. it helps developing
countries achieve sustainable growth by financing
investment, mobilizing capital in international financial
markets, and providing advisory services to businesses
and governments.
12. MULTILATERAL INVESTMENT GUARANTEE
AGENCY (MIGA)
Founded : 1988
Members : 180
Purpose : Political risk insurance, direct investment
The Multilateral Investment Guarantee Agency (MIGA)
was created in 1988 as a member of the World Bank
Group .
Promote foreign direct investment into developing
countries.
To support economic growth, reduce poverty, and
improve people’s lives.
13. THE INTERNATIONAL CENTRE FOR
SETTLEMENT OF INVESTMENT DISPUTES
(ICSID)
Founded : 1966
Members : 159
Purpose : International arbitration
The International Centre for Settlement of Investment
Disputes (ICSID) provides international facilities for
conciliation and arbitration of investment disputes.
14. THE WORLD BANK GROUP IS:
The world’s largest funder of education.
The world’s largest external funder of the fight against
HIV/AIDS.
A leader in the fight against corruption worldwide.
A strong supporter of debt relief.
The largest international financier of biodiversity
projects.
The largest international financier of water supply and
sanitation projects.
16. NATIONAL AIDS CONTROL SUPPORT
PROJECT
The government of India and the World Bank signed a
$255 million credit agreement to support the National
AIDS Control Support Project to help accelerate AIDS
prevention programs by targeting vulnerable groups at
high risk of infection.
So far the World Bank has provided a total of $525
million under the last three projects.
17. INDIA LOW-INCOME HOUSING FINANCE
The development objective of the Low Income Housing
Finance Project for India is to provide access to
sustainable housing finance for low income households
Approval Date (as of board presentation)-:May 14, 2013.
Closing Date-:December 31, 2018
Total Project Cost-:US$ 100.00 million
18. INDIA: SECONDARY EDUCATION PROJECT
The development objective of the Secondary
Education Project for India is to achieve
increased and more equitable access to good
quality secondary education through support of
the Government's ongoing program for
secondary education as delineated in the
Rashtriya Madhyamik Shiksha Abhiyan (RMSA)
framework.
Approval Date-: March 22, 2012
Closing Date-: June30, 2017
Total Project Cost -:US$ 12896.00 million
19. NATIONAL GANGA RIVER BASIN PROJECT
The objectives of the National Ganga River Basin Project
for India are to support the National Ganga River Basin
Authority (NGRBA) to manage the long-term Ganga
clean-up and conservation program.
Approval Date -: May 31, 2011
Total Project Cost-: US$ 1556.00 million
20. REFERENCES
Wikipedia Report, Introduction, Mission, Goals,
Retrieved from,
http://en.wikipedia.org/wiki/World_Bank
Wikipedia Report, Five Agencies of World Bank,
Retrieved from,
http://en.wikipedia.org/wiki/World_Bank