A founding member of the World Bank, the United Kingdom supports multilateral efforts to promote human and economic development, reduce poverty, and boost shared prosperity around the world.
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December 14, 2016 — More than 60 donor and borrower governments agreed today to commit $75 billion to the International Development Association (IDA), the World Bank’s fund for the poorest countries.
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September 20, 2016 — Jim Yong Kim said “Countries are increasingly shouldering the global responsibility of providing refuge to people fleeing conflict, it is up to the international community to ensure that these generous acts do not lead to unsustainable debts or internal
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This Annual Report focuses on how two of the World Bank Group’s institutions—the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA)—are partnering with countries to end extreme poverty by 2030, promote shared prosperity, and support the global sustainable development agenda. Read More »
Gender equality is central to the World Bank Group’s goals of ending extreme poverty and boosting shared prosperity in a sustainable manner. No society can develop sustainably without transforming the distribution of opportunities, resources and choices for males and females so that they have equal power to shape their own lives and contribute to their families, communities, and countries. Promoting gender equality is smart development policy. Read more »