jul 1, 1944 - World Bank
Description:
Owned by the governments of its members, which provide fundsOriginal Goals:
-lend money to help war-torn countries rebuild
- To speed up economic progress and industrialization
- to help countries develop their natural resources
- to negotiate long-term loans to increase productivity in countries
Current Goals
-to increase growth and reduce poverty in developing countries
- to fund specific infrastructure projects
Added to timeline:
Date:
jul 1, 1944
Now
~ 81 years ago