what is the world bank

The World Bank is an international financial institution that provides funding and knowledge to developing countries to support their economic growth and reduce poverty. It consists of five organizations and is owned by 189 member countries. The World Bank offers financial products, technical assistance, and advisory services to help countries achieve sustainable growth and development. It also conducts research and provides training to government officials in various areas such as health, education, finance, and the environment. The organization aims to promote shared prosperity, support sustainable development, and end extreme poverty by 2030.