what is the purpose of the world bank
World Bank The World Bank's stated official goal is the reduction of poverty. However, according to its Articles of Agreement, all its decisions must be guided by a commitment to the promotion of foreign investment and international trade and to the facilitation of capital investment.[3][4]
Paris Peace Accords
Economic nationalism While the coining of the term "
World Bank The World Bank (French: Banque mondiale)[3] is an international financial institution that provides loans[4] to countries of the world for capital projects. It comprises two institutions: the International Bank for Reconstruction and Development (IBRD), and the International Development Association (IDA). The World Bank is a component of the World Bank Group.