International Bank for Reconstruction and Development (IBRD)

What is International Bank for Reconstruction and Development (IBRD)?

International Bank for Reconstruction and Development (IBRD) meaning

note – also known as the World Bank

 

established – 22 July 1944; effective – 27 December 1945

 

aim – to provide economic development loans; a UN specialized agency

 

members – (188) includes all UN member countries except Andorra, Cuba, North Korea, Liechtenstein, Monaco, Nauru; plus Kosovo

 

 

reference: The World Factbook 2017. Washington, DC: Central Intelligence Agency, 2017. https://www.cia.gov/library/publications/the-world-factbook/index.html