Write short notes on IBRD

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Write short notes on IBRD

Posted by Chengpo Teron 5 years, 3 months ago

ICSE & ISC > Class 11 > Economics

1 answers

Yogita Ingle 5 years, 3 months ago

World bank is earlier known as International Bank for Reconstruction and Development (IBRD) setup to assist the reconstruction of war -affected countries and to facilitate the development of the under-developed nations of the world. Now, the world bank turned its attention to the development of underdeveloped nations. Apart from investing in infrastructure development, agriculture, health and industry, the World Bank is significantly involved in programmes to remove poverty, increasing the income of the poor and providing technological support.

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