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The World Bank was established on December 27, 1945. The concept of establishing a World Bank was not new and was originally thought in July 1944 at the United Nations Monetary and Financial Conference. The World Bank Aid is provided to those countries which are in serious demand for some kind of assistance; especially the developing countries. The bank provides aid to the governments that work for their own development strategies and taking a stronger hand in their own future development. The major aids provided to different countries include the following:
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