An international organization providing financing, advice, and research to the governments and economies of developing nations. The World Bank was founded along with the International Monetary Fund (the IMF) under the Bretton Woods Agreement. It supplies qualifying countries and governments with low-interest loans, zero-interest credits, and grants to support the development and growth of local economies. The aim is for these infusions to help global education, healthcare, public administration, infrastructure, and development of private sectors.
World Bank
Market Terms
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