PRESENTED BY: REKHA MANISHA SACHIN

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Presentation transcript:

PRESENTED BY: REKHA MANISHA SACHIN

IBRD PROFILE Also known as ‘world bank’ Location-Washington DC Member countries-188 Countries President-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