CFBS world bank

Question 1

what is the world bank?

Answer 1

vital source of financal assistance to developing countries

provide loans to support development

Question 2

what does mint stand for?

Answer 2

mexico indonesia nigeria turkey

Question 3

when was the world bank established?

Answer 3

1944

Question 4

what is the world banks main aim?

Answer 4

end extreme absolute poverty by decreasing the percentage of people living on less than $1.90 a day by no more than 3% by 2030

Question 5

case study: where the world bank has been successful?

Answer 5

the niger basin in sub-saharan africa

Question 6

case study: what solution are the countries within the niger basin seeking?

Answer 6

a solution to clean, renewable energy for electricity and other development needs

Question 7

case study: who was this project supported by?

Answer 7

the cooperation in international waters in africa (CIWA) program

which aims to address development challenges

Question 8

case study: how has the world banks investment benefited those within the niger basin?

Answer 8

invested in hydropower and irrigation schemes

this reduced poverty and boosted shared prosperity within the niger basin countries

this has contributed to economic growth, food security and improved livelihoods