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The World Bank in its activities focus towards the reduction of global poverty by focusing on the goals set by the bank for the elimination of poverty from different countries of world and the implementation of continuous development. The bank also provides loans at a low interest. World Bank Loans are provided to the seekers through the agencies operated under it like the IBRD and the IDA. These agencies provide low interest loans and grants to those countries that have little or no access to international market for credit. The World Bank is a non profit organization which provides monetary assistance for the low interest rate of loans.
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