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World Bank: How does it help developing countries?

World Bank is an international organization who helps in shaping the world economy. The World Bank provides financial assistance to developing countries and helps in tackling world inequality. This international organization was formed in 1944 with the sole intention to reduce poverty in developing world. Currently World bank has 189 member nations who strive to create poverty free world. The International monetary fund is an international organization ,which oversees world’s monetary system.