Explanation
World Bank
- Established: Bretton Woods Conference, 1944
- Headquarters: Washington, D.C., USA
- Members: 189 countries
- Purpose / Aim: Provide loans and grants for development projects
Partner Institutions (5):
- IBRO (International Bank for Reconstruction and Development)
- IDA (International Development Association)
- IFC (International Finance Corporation)
- MIGA (Multilateral Investment Guarantee Agency)
- ICSID (International Centre for Settlement of Investment Disputes)
Pakistan Joined: 1950
Publications: Human Capital Index, World Development Report
Last verified on 18-01-2026