Explain The Borrowings of The World Bank
Bank’s Borrowings Bank’s main functions to lend the money to the needy members. For lending activities, it needs money and therefore it has...
Bank’s Borrowings Bank’s main functions to lend the money to the needy members. For lending activities, it needs money and therefore it has...
Funding Strategy of the Bank There are four basic objectives of the World Bank’s funding strategy: To make sure availability of funds...
Loan Committees : Whenever the member-countries apply for loans, the Board of Executive Directors appoints a Loan Committee. This Committee scrutinizes loan application and...
Advisory Council : It consists of minimum 7 members. Their appointment is made by Board of Executive Directors. Members of this Council are expert...
Bank’s Lending Activities The Bank grants loans to members in any one or more of the following ways : by participating or granting...
Board of Governors : Board of Governors represents the General Council of the Bank. Every member country appoints one governor and one alternative governor...
Capital of the Work Bank : At the time of establishment, the authorized capital of the Bank was $1,000 crore divided into 1,00,000 shares...
Membership of the World Bank : Any country that is member of IMF, is Ipso Facto member of the Bank. Those countries who accepted the...
Enhanced Structural Adjustment Facility (ESAF): In order to increase the availability of concessional resources to the low income member countries,ESAF was established in December...
Board of Executive Directors : Board of Executive Directors consist of 22 members. Of these, 5 members have the largest subscription. They are: America,...