Agenda
“Implications on the financial stability due to recent geoeconomic fragmentation.”
The World Bank Group, the largest and best-known development bank in the world and an observer of the United Nations Development Group, represents a unique global partnership with 189 member countries that comprises five institutions working for sustainable solutions that will reduce poverty while also building shared prosperity in developing countries. Established in 1944 and headquartered in Washington, D.C., the World Bank has already funded over 12,000 projects, and we believe in our delegates to change up the stakes diligently to ensure everyone receives benefits from economic growth. Additionally, it focuses on the improvement of living standards worldwide by providing low- interest loans, interest-free credit, and grants to developing countries for education, health, infrastructure, communications, and so on.