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World Bank Group Working for a World Free of Poverty

By The World Bank

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Book Id: WPLBN0000198665
Format Type: PDF eBook
File Size: 1.4 MB
Reproduction Date: 2005
Full Text

Title: World Bank Group Working for a World Free of Poverty  
Author: The World Bank
Volume:
Language: English
Subject: Economics, Finance & business, World Bank.
Collections: Economics Publications Collection
Historic
Publication Date:
Publisher: The World Bank

Citation

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Bank, T. W. (n.d.). World Bank Group Working for a World Free of Poverty. Retrieved from http://members.worldlibrary.net/


Description
Economics

Excerpt
We are one of the world s largest sources of funding and knowledge for developing countries. Our main focus is on helping the poorest people and the poorest countries. We use our financial resources, staff and extensive experience to help developing countries reduce poverty, increase economic growth and improve their quality of life. Assessing the effect of projects we support is essential in developing countries. Resources are scarce so we must use them where they can have the largest effect. Monitoring helps project managers know if programs are reaching the people they are aimed at or if these programs are ineffective and wasteful. The emphasis on monitoring and assessment is part of our focus on actual results for poor people and on continuous learning about what does and does not work for future advice and support. Over the past 60 years, we have learned that development solutions need to be designed by countries to suit their own circumstances one size does not fit all. We bring a mix of money and knowledge to encourage economic and social development, and help countries to achieve the internationally agreed Millennium Development Goals. We work in partnership with more than 100 developing countries and are involved in many different areas. Projects we have supported help these countries to invest in health and education, fight corruption, boost agricultural production, build roads and ports and protect the environment. Other projects are aimed at rebuilding war-torn countries or regions, providing basic services such as clean water, or encouraging investments that create jobs. In the fiscal year that ended on June 30, 2005, our Board approved US$22.3 billion in loans and grants for 278 projects.

 

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