the world bank was created in 1944.
the world bank was created in 1944.
when was the world bank created?
1944
international bank









































international bank may refer to:









































bullet::::- international bank for reconstruction and development, an international financial institution belonging to the world bank, formed in 1944









































bullet::::- international bank of commerce, a bank in texas, founded in 1966









































bullet::::- international bank (liberia), a liberian bank created in 1960









































bullet::::- international bank of azerbaijan, a global financial institution, founded in 1992









































bullet::::- international bank of qatar, a private sector bank in qatar, founded in 1956









































bullet::::- international bank of asia, a bank headquartered in hong kong









































bullet::::- international bank of somalia, mogadishu-based bank which began operations in 2014









































section::::see also.
international bank
nigeria is currently the most populated country in africa and it is also the biggest oil exporter and in addition to this, it has the second biggest economy in africa. all of these qualities make it a country with great economic potential, but nigeria also faces great development challenges. it was not until 1999 that a democratic regime finally took over nigeria under president olusegun obasanjo. from there on relations with the world bank and nigeria flourished. the world bank has been working with nigeria to reduce the high rate of poverty, create better human capital, diversify the country's revenue through non-oil sectors, and help with economic management. up until 2004, the world bank was slow to release funds and most projects were relatively going slow and have proved unsatisfactory. through 2000 to 2007 the world bank was set on making reforms in macro stability and governance. according to the world bank evaluations, this was classified as being moderately satisfactory. the other pillars that were focused on were social service delivery, community empowerment, and creating a basis for non-oil growth. these all proved to be moderately unsatisfactory according to the world bank evaluation. although change was slow, by 2007 better results started to come from the projects in nigeria. in 2016, nigeria ranked as the 12th highest loan recipient from the world bank with 6.6 billion dollars. as of 2018, the world bank has a total of 31 projects in 772 locations in nigeria. this all adds up to $9.21 billion worth of programs in sectors of like social protection, health, agriculture, fishing, forestry, energy, public administration and other areas in need of refinement. by 2018 the world bank has approved over 225 projects in nigeria since 1958, most of which happened through ida credits and ibrd loans.
nigeria and the world bank