International Bank for Reconstruction and Development (World Bank)

The International Bank for Reconstruction and Development (World Bank), established in 1945, continued in 1990 to help raise living standards in developing countries by channelling financial resources to them from developed countries. Through loans and other economic assistance, the Bank financed all kinds of capital infrastructure, while at the same time emphasizing investments that directly affected the well-being of poor people in developing countries by making them more productive and by integrating them as active partners in the developmental process. The Bank also provided loans in support of structural adjustment and policy reform. For the fiscal year ending 30 June 1990, Bank lending totalled some $15,180 million.

Sustainable Development Goals:

Peace, Justice and Strong Institutions

Partnerships for the Goals