the world bank is a vital source of financial and technical assistance to developing countries around the…

the world bank is a vital source of financial and technical assistance to developing countries around the world. it is not a bank in the common sense. it plays a different but supportive role in its mission of global poverty reduction and the improvement of living standards. it provides low - interest loans, interest - free credit, and grants to developing countries for education, health, infrastructure, communications, and many other purposes. according to the excerpt, what is the organizations primary purpose? to serve as a banking institution for countries that do not have banking systems to provide loans directly to people living in poverty to reduce global poverty and improve the standard of living in developing countries to provide technical assistance to developed countries

the world bank is a vital source of financial and technical assistance to developing countries around the world. it is not a bank in the common sense. it plays a different but supportive role in its mission of global poverty reduction and the improvement of living standards. it provides low - interest loans, interest - free credit, and grants to developing countries for education, health, infrastructure, communications, and many other purposes. according to the excerpt, what is the organizations primary purpose? to serve as a banking institution for countries that do not have banking systems to provide loans directly to people living in poverty to reduce global poverty and improve the standard of living in developing countries to provide technical assistance to developed countries

Answer

Brief Explanations:

The text states the World Bank's mission is global poverty - reduction and improvement of living standards in developing countries and it provides financial aid for various purposes in these countries.

Answer:

to reduce global poverty and improve the standard of living in developing countries