The World Bank refers to the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA), two of the five institutions under the umbrella of the World Bank Group.  The World Bank provides grants and loans to low- and middle-income countries with the goal of promoting economic development and reducing poverty. ¹²

In 2020, the World Bank reported that the IBRD raised $75 billion through bonds and committed $28 billion in lending to 152 projects around the world. ¹² In 2019, member states contributed about $23.5 billion to the IDA. 0){ let parent=divs[divs.length-1].parentNode; let footer=divs[divs.length-1]; delete divs[divs.length-1]; for (let i=2; i