Professional Documents
Culture Documents
CONTENTS
Introduction History Authority Functions Five Agencies Support To India
The
sources of funding for the developing world. Its primary focus is on helping the poorest people
MISSION
HISTORY
Headquarters: Washington,
DC and more than 100 offices around the world.
Decision-Making
Authority
24 Executive Directors
President Term
3
4 5 6 7
TURKEY
PAKISTAN CHINA INDIA ARGENTINA
FUNCTIONS
Fund Generation
Loans Trust Funds and Grants
IBRD
IDA
IFC
M.I.G.A
ICSID
Provides loans and development assistance to middle income countries in Latin America, Asia, Africa and Eastern Europe. IBRD gets most of its funds by selling bonds in international capital markets.
Provides facilities for settling investment disputes between foreign investors and their host countries.
SUPPORT TO INDIA
India
has been borrowing from the World Bank through IBRD and IDA for various development projects in the area of poverty alleviations, infrastructure, rural developments etc.
India has borrowed around US$ 65.8 billion from the World
Bank so far.
CURRENT NEWS
Indian growth to slow at 6.8%: World Bank World bank suggestion on Delhi Jal Board World Bank gave 50 Billion $
www.worldbank.org
REFERENCES
www.miga.org
www.dnaindia.com