What are the Function of International Bank for Reconstruction and Development?

The International Bank for Reconstruction and Development (IBRD), part of the World Bank Group, primarily aims to reduce poverty and promote sustainable economic development in middle-income and creditworthy low-income countries. It provides financial and technical assistance for development projects, such as infrastructure, education, and healthcare. Additionally, IBRD offers financial products, policy advice, and supports reforms to enhance the economic stability of member countries. By fostering partnerships and leveraging funds, it helps nations achieve their development goals and improve living standards.