Specialised Agencies of UN: World Bank (WB)

  • Focus: Economic development, poverty reduction, and infrastructure projects.
  • Mission: To reduce global poverty and support sustainable development through financial and technical assistance.
  • Headquarters: Washington, D.C., USA.
  • Key Activities:
    • Providing loans for projects that promote economic development and reduce poverty.
    • Funding major infrastructure projects (e.g., roads, water systems, and schools).
    • Offering technical expertise to developing nations.
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