About World Bank

The World Bank is a leading international financial institution committed to helping developing countries achieve long-term economic growth and reduce poverty. Established in 1944 and headquartered in Washington, D.C., the Bank provides low-interest loans, grants, and expert guidance to governments and institutions around the world. Its mission is to end extreme poverty and promote shared prosperity through sustainable development.

The World Bank operates through five institutions, with the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA) being its core arms. These institutions finance a wide range of projects in sectors such as infrastructure, education, healthcare, agriculture, water supply, energy, and climate change resilience.

In addition to financial support, the World Bank offers data, research, and technical expertise to help countries design effective policies and implement impactful development programs. It works in close partnership with other international organizations, non-profits, and the private sector to address global challenges like inequality, food security, and environmental degradation.

With operations in more than 100 countries, the World Bank plays a vital role in creating opportunities for people in developing regions and building the foundations for inclusive and resilient economies.