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World Bank

Saturday Jul 1, 1944 to PresentWashington D.C., U.S.

The World Bank is an international financial institution that provides interest-free loans and grants to the governments of poorer countries for the purpose of pursuing capital projects. It comprises two institutions: the International Bank for Reconstruction and Development (IBRD), and the International Development Association (IDA). The World Bank is a component of the World Bank Group.

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