Another name for the International Banks for Reconstruction and Development (IBRD) is

Assessment: WAEC SSCE - Economics - 1990 (Objective) Subject: Economics

Question 1 Report

Another name for the International Banks for Reconstruction and Development (IBRD) is
Answer Details
The International Banks for Reconstruction and Development (IBRD) is also known as the World Bank. It was established after World War II to provide financial and technical assistance to countries for reconstruction and development projects. The World Bank works with developing countries to help them reduce poverty, increase economic growth, and improve living standards. It provides loans, grants, and other forms of financial assistance, as well as technical assistance and policy advice. Therefore, the option that best describes another name for the International Banks for Reconstruction and Development (IBRD) is the World Bank.

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