(726305976) 21964138 role of world bank in developing countries
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The World Bank is an internationalfnancial institution that providesfnancial and technical assistance to
developing countries ordevelopment programs (e.g.bridges, roads, schools, etc.) withthe stated goal o reducing poverty.
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a!or institutions created as a result o
theBretton Woods "onerence in #$th
%ecember,&'
Two main countries which shaped thenegotiations were nited *tates andBritain
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+rovide assistance to developing andtransition countries
+romote the economic development otheworlds poorer countries
-inance the poorest developingcountries
whose per capita /+ is less than 0123a year
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special fnancial assistance through the4nternational %evelopment 5ssociation(4%5)
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Build capacity 4nrastructure creation
%evelopment o -inancial *ystems "ombating corruption 6esearch, "onsultancy and Training
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4nvestment loans7 *upport o economicand
social development pro!ects
%evelopment policy loans7 8uickdisbursing fnance to support
countries
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4nternational Bank or 6econstructionand
%evelopment (4B6%) 7&12 membercountries
4nternational %evelopment 5ssociation
(4%5)7&21 members countries
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5 riculture and 6ural 9aw and ustice%evelopment acroeconom c an
"onea t , /utr t on an Transport
4ndustry rban %evelopment n orma on an Water 6esources
Technologies a er upp y an n orma on, ompu ng
Telecommunications n erna ona conom cs
Trade a or an oc a
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-ocus on three priority areas7
*aety net programs
lobal recession and the ood
-uel and fnancial crises
-or this7 01.? billion to mitigate the crisis impactin
poor countries, over and above
previous
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commitments to the institution
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Trade flows
Bolster distressed banking systems
@eep inrastructure pro!ects on track *hit advisory support services *upport microfnance institutions
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Oncho c e rc iasis Control P rog r am (O C P )Successfully halted transmission of river blindness in 11 countries with
a collective population of 35 million
Consu ltativ e Gro u p for I nternatio n al A gricu ltural R e s e a r ch
(CGIA R)
Created and promoted crop improvements in developing countries over thelast 3! years through a networ" of research centers.
Global En v iron m ent Facility (GEF)
Provides grants to developing countries to fund pro#ects that benefit the
global environment and promote sustainable livelihoods in local
communities
Consult a tiv e Group to A s sist the Poorest ( C GAP)$%pands access by the poor in developing counctries to microfinance
through a consortium of &' public and private development agencies
F inancial S e ctor R e form an S tr e n g then ing In it i ativ e (F I RS!)
Provides fle%ible practical assistance to developing countries to strengthen
their financial systems and adopt international financial standards
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G lo b al W ater Pa r t n ership ( G W P)Supports countries in the sustainable management of their "ater
resources#
G lo b al Alliance f o r V accines and Im m u n iz atio n ( G A VI)
See$s to protect public health "orl"ie through the "iesprea use of
vaccines#
T h e Carbon F u nd
%or$s to evelop viable& fle'ible mar$et mechanisms to reuce
greenhouse gas emissions uner the yoto Protocol#
Roll ac! " alar i a
Coorinates the international fight against malaria& "hich $ills more
than million people a year& most of them chilren in Africa#
#oin t $nit ed %atio ns P r o& ramme on 'IVAI* ($%AI*)
Avocates for global action on the *I+,AI-S epiemic an "or$s "ith
civil society& the business community an the private sector#
+duca t ion f o r All
Focuses attention on eucation an strives to ensure an eucation forevery citi.en in every society
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-ocuses on7
-astAtrack the development
*upport seven poorest statesTotal proposed lending program o*0&
billion, or the net three years *trategy is aligned with overnment o
4ndiaCs own development priorities
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5griculture 4nrastructure7
+ower Transport
Water
rban development
*kills
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Components Amount
(US $ Million)
Loan Terms
Rail 305 IBRD Loan repayale o!er "0
years #it 5 year %ra&e perio'
Roa' 50 IBRD Loan repayale o!er "0
years #it 5 year %ra&e perio'
Resettlement )* IDA Cre'it + an interest+,ree loan
repayale o!er 35 years #it a 0+
year %ra&e perio'
Total -rom .orl' Ban/ 5" Cannelle' trou% te1o!ernment o, In'ia
1o!t2 o, In'ia an' 1o!t2
Maarastra
03
Total Cost o, ro4e&t *5
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The low cost and stable fnancing itprovides
with longer maturity periods
-inancing through the 4nternational%evelopment 5ssociation (4%5) 4nterest rate7 D.$3E p.a.
6epayable over a period o ?3 years
4nclusive o a &D year grace period
overnment estimates investment o
0$3
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billion
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WB inanced -FD17 *0 #.$ billion
World Bank group had 2D active pro!ects in the country
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