Question

Explain the objectives of world bank and examine its performance vis-a-vis objectives

Answer 1

The World Bank is an international financial organization, which was born with the purpose of helping in the recovery of the countries most affected by the Second World War. Today, its main objective is to contribute to the reduction of poverty in the world through financial and technical assistance.

It also aims to reduce poverty in developing and middle-income countries with credit capacity by providing financial advice on economic management.