IBRD, International Bank for Reconstructions and
Development, World Bank
Also known as The
World Bank, the IBRD "provides
loans and development assistance to middle-income countries and creditworthy
poorer countries. Voting power is linked to members' capital subscriptions,
which in turn are based on each country's relative economic strength. The IBRD
is not a profit-maximizing organization but has earned a net income every year
since 1948."
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