Question

Financial operation of world bank

Answer 1

Answer:

In addition to providing financial assistance to member countries, the Bank has been rendering signal service to its members by providing them suitable technical assistance to assess their total economic resources and to set up priorities to be followed in their development programmes.

Answer 2

The World Bank provides financing and services to low and middle-income countries to support development and change. Development projects are implemented by borrowing countries following certain rules and procedures to guarantee that the money reaches its intended target.

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