The World Bank is a global organization whose goal is to aid in the economic development of developing nations by providing funding, advice, and research.
In order to fight poverty, the bank mainly operates as a consortium that offers developmental assistance to middle- and low-income countries.
As of 2022, the World Bank had 17 objectives it hoped to achieve by 2030.
The top two objectives are listed in their mission statement.
The first is to eradicate extreme poverty by reducing the proportion of people worldwide who make less than $1.90 per day to 3%.
The second goal is to raise global wealth by raising the income growth of the world’s poorest 40% of the time.
As the World Bank looks to reshape its goals, last year, the bank has confirmed that Ajay Banga, an Indian-born American business executive the new president. Banga replaced David Malpass, ex-world bank president.
Who is Ajay Banga?
Despite these tensions, the prospect of a trade agreement has had a positive impact on…
StockNow provides real-time sentiment tracking, risk assessment, and trading signals with AI-Driven Stock Analysis to…
Colm McLoughlin was born in July 1943, in Ballinasloe, County Galway, Ireland. He is a…
Sync Record's efficiency, automation, and user-friendliness make it stand out in the market. It makes…
Codiva Software & Technology is excellent at offering full-scope consulting and project management services
Business Now spoke with a spokesperson from Eliga to discuss the inspiration behind the consultancy,…