What Is The Importance Of World Bank?

1.	What Is The Importance Of World Bank?
Answer» It provides low-interest loans, interest-free credits and grants to developing countries. The WORLD bank loans are usually to invest in EDUCATION, health, and infrastructure. The loans can also be used to modernize a country's financial sector, agriculture, and natural RESOURCES MANAGEMENT. The Bank's goal is to "bridge the economic divide between poor and rich countries, to turn the rich country resources into poor country GROWTH and to achieve sustainable poverty reduction.

Answer»

It provides low-interest loans, interest-free credits and grants to developing countries.
The WORLD bank loans are usually to invest in EDUCATION, health, and infrastructure. The loans can also be used to modernize a country's financial sector, agriculture, and natural RESOURCES MANAGEMENT.
The Bank's goal is to "bridge the economic divide between poor and rich countries, to turn the rich country resources into poor country GROWTH and to achieve sustainable poverty reduction.

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