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What is the mission of the World Bank?
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The mission of the World Bank is to end extreme poverty and promote shared prosperity. The World Bank is an international financial institution that provides loans and grants to developing countries. The World Bank Group is made up of five institutions: the International Bank for Reconstruction and Development (IBRD), the International Development Association (IDA), the International Finance Corporation (IFC), the Multilateral Investment Guarantee Agency (MIGA), and the International Centre for Settlement of Investment Disputes (ICSID).