Member Countries

The organizations that make up the World Bank Group are owned by the governments of member nations, which have the ultimate decision-making power within the organizations on all matters, including policy, financial or membership issues.

Member countries govern the World Bank Group through the Boards of Governors and the Boards of Executive Directors. These bodies make all major decisions for the organizations.

To become a member of the Bank, under the IBRD Articles of Agreement, a country must first join the International Monetary Fund (IMF). Membership in IDA, IFC and MIGA are conditional on membership in IBRD.

In tandem with the IMF, and in consultation with other World Bank Group staff, the Corporate Secretariat Vice Presidency coordinates the process for new membership and maintains the information relating to the status of membership which includes the membership lists.

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