discuss briefly the functions of World Bank
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The International Bank for Reconstruction and Development (IBRD), commonly referred to as the World Bank, is an international financial institution whose purposes include assisting the development of its member nation’s territories, promoting and supplementing private foreign investment and promoting long-range balance growth in international trade.
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It gives loan to countries .
It is also called IMF (International Monetary Fund ).
It takes the funds from developed countries.
The financial minister of USA can only apply for the head of World bank
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