World Bank

   Two closely related institutions of the World Bank - International Bank for Reconstruction and Development (IBRD) and International Development Association (IDA) - provide loans at low interest rates under a zero percent or grants to countries that do not have access to international capital markets or having access to such unfavorable conditions. Unlike other financial institutions, the World Bank does not seek to profit. IBRD operates on a market basis, using its high credit rating, enabling it to obtain funds at low interest rates in order to grant loans to its customers in the developing countries are also at low interest rates. Operating costs associated with these activities, the Bank covers themselves, not using the external sources of funding.

   Every three years the World Bank Group is developing a framework document: "Strategy of the World Bank Group", which is used as a basis for cooperation with the country. The strategy helps to link the program of the bank as a loan, and analytical and advisory services, with specific goals of each borrowing country. The strategy includes projects and programs that can most affect the solution to the problem of poverty and to promote rapid socio-economic development. Before submitting to the Board of Directors of the World Bank's strategy is discussed with the government borrowing and with other interested entities.