World Bank

The World Bank Group is a global financial institution and a unique global partnership. It works in every major area of development and provides an ensemble of financial products, innovative solutions and technical assistance to countries. The 5 institutions of the World Bank are-

• The International Finance Corporation (IFC)
• The International Centre for Settlement of Investment Disputes (ICSID)
• The Multilateral Investment Guarantee Agency (MIGA)
• The International Bank for Reconstruction and Development (IBRD)
• The International Development Association (IDA)