The World Bank Group is a global financial institution and a unique global partnership. It works in every major area of development and provides an ensemble of financial products, innovative solutions and technical assistance to countries. The 5 institutions of the World Bank are-
- The International Finance Corporation (IFC)
- The International Centre for Settlement of Investment Disputes (ICSID)
- The Multilateral Investment Guarantee Agency (MIGA)
- The International Bank for Reconstruction and Development (IBRD)
- The International Development Association (IDA)