PRESENTED BY:REKHA

MANISHASACHIN

IBRD PROFILE

Also known as ‘world bank’Location-Washington DCMember countries-188 CountriesPresident-Jim Yong Kim(12 President)

INTRODUCTION

Established in 1944 as the original institution of world bank group, IBRD is structured like a cooperative that is owned and operated for the benefit of its 188 countries. The World bank is an international financial institution that provides long term capital assistance to developing countries for capital programmes. The World bank has a goal of reducing poverty. By law all of its decisions must be guided by a commitment to promote foreign investment, international trade and facilitate capital investment.

ORGANIZATION AND STRUCTURE

The organization of the bank consists of the board of governors, the board of executive directors and the advisory committee,the loan committee and the president and other staff members.

FEATURES OF IBRD• Mission was to finance the reconstruction of nations• Helps members achieve results • Get its money from the capital markets• Clients are middle-income and credit-worthy lower

income countries

OBJECTIVES OF IBRD

• Reconstruction and development• Encouragement to capital investment• Encouragement to international trade• Environmental protection

FUNCTIONS OF IBRD

• Advances loans• Provide technical assistance• Training• Settlement of industrial disputes• Coordinated development assistance