what is the other name of IBRD?
Answers
IBRD→The International Bank for Reconstruction and Development.
IDA → The International Development Association.
hope its help you
Answer:
International Bank for Reconstruction and Development (IBRD). It is also known as World Bank and the International Monetary Fund (IMF)
Explanation:
The International Bank for Reconstruction and Development (IBRD) and the International Monetary Fund (IMF) were established together in 1944 during the Bretton Woods Conference in New Hampshire, USA . The Bretton Woods Conference is officially known as the United Nations Monetary and Financial Conference. From July 1 to 22, 1944, representatives of 44 countries attended this conference. Its immediate purpose was to help countries struggling with World War II and the worldwide crisis.
The International Bank for Reconstruction and Development is also called the World Bank.
Its headquarter is in the US capital Washington DC (formerly District of Colombia).
The World Bank is an important organization associated with the United Nations and it is a group of many institutions. That is why it is also called the World Bank Group.
At present, 189 countries are members of the World Bank. To become a member of the World Bank, a country must first become a member of the International Finance Corporation.
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