The World Bank is an essential partner to MICs, which represent more than 60% of IBRD’s portfolio. IBRD finances investments across all sectors and provides technical support and expertise at each stage of a project.
This high credit rating allows it to borrow at low cost and offer middle-income developing countries access to capital on favorable terms — helping ensure that development projects go forward in a more sustainable manner, while often complementing or catalyzing private financing.The Country Partnership Framework guides how IBRD and other World Bank Group institutions work with a client country to reach the twin goals of ending extreme poverty and increasing shared prosperity in a sustainable manner.A partnership between China and the World Bank helped provided skills training for some 522,000 young people in rural areas and provided employment services for over 4.2 million job seekers.Above all, we help ensure that progress in reducing poverty and broadening prosperity can be sustained. Investors can have confidence in both the quality and impact of their investment.Chinese renminbi 1.5 billion 3.5% due 2018The World Bank Group (IBRD, IDA, IFC, MIGA and ICSID) works toward the twin goals and Sustainable Development Goals and is the largest source of development finance with over 70 years of experience.
To support the proposed debt relief efforts, the World Bank’s Development Data Group built a detailed data profile of debt stocks and flows for countries eligible to receive relief under the Debt Service Suspension Initiative. World Bank Fiscal Year Commitments The World Bank approved $6.1 billion in lending to the region for 37 operations in fiscal 2019 (of which one was an IBRD and IDA blended operation), including $5.7 billion in IBRD loans and $430 million in IDA commitments. The World Bank Group is owned by countries, the clients, and has over 12,000 people in over 135 offices.Sustainable Development Bonds support some or all of the Sustainable Development Goals (SDGs), and the World Bank Treasury creates products that meet investors’ while supporting our goals.The World Bank Group works in every major area of development. These are the hallmarks of IBRD and the World Bank Group. A portion of capital subscriptions paid in to IBRD has been paid in the national currencies of the members. These countries are major drivers of global growth, home to major infrastructure investments, and recipients of a large share of exports from advanced economies and poorer countries.
Data and research help us understand these challenges and set priorities, share knowledge of what works, and measure progress.With 189 member countries, staff from more than 170 countries, and offices in over 130 locations, the World Bank Group is a unique global partnership: five institutions working for sustainable solutions that reduce poverty and build shared prosperity in developing countries. We place special emphasis on supporting lower-middle-income countries as they move up the economic chain, graduating from IDA to become clients of IBRD.
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