INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT (IBRD)

This agency is also known as World Band was founded at the Bretton Woods Conference of 1944 by the Western powers.

This agency provides and facilitates international investment for enhanced production, to raise living standards, investment grants/loan to member states for projects like agriculture, transport, industry, electricity, and communication.

It also assesses economic development potentials in member states. The agency has its headquarters in Washington DC, USA.

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