World bank acronyms. Mr. Link A check payable by, at, or through a bank in the same check processing region as the location of the branch of the depository bank. However, the public, especially in Nepal, are unaware of the full form and the meaning of such banking acronyms. The classic period for averaging these variables is 20 to 30 years. Read More. The figure also illustrates the three types of career streams in the World Bank Group: Administrative: These are roles which support the Bank’s operations. Recent Research. Aligned with the Government's development plan, the World Bank Group's Country Partnership Framework (CPF) for Benin for 2018-2023 focuses on three areas: Structural transformation of the economy to foster competitiveness and productivity; Investments in human capital; The United States was a leading force in the establishment of the World Bank in 1944 and remains the largest shareholder of the World Bank today. Understanding the terminology on your statement allows for smoother monthly or quarterly THE World Bank rEPorT no. Suggest. More common for this is the 2-letter code alpha-2. By 2030, nearly 60% of the world’s extreme poor will live in countries affected by FCV. The World Bank assigns the world’s economies to four income groups—low, lower-middle, upper-middle, and high income. Overview; Organization; THE World Bank rEPorT no. IMF AND WORLD BANK APPROACH TO CROSS-BORDER PAYMENTS TECHNICAL ASSISTANCE The Report prepared by IMF and World Bank staff and completed on December 18, 2023, has been released. com). World Bank population estimates are used for the denominator. Whether it may be in the products or services or communication with the customers, acronyms of the banking terms come into play. Bank Abbreviations. Housed at the World Bank, CGAP is supported by over 30 leading development organizations With 189 member countries, staff from more than 170 countries, and offices in over 130 locations, the World Bank Group is a unique global partnership: five institutions working for sustainable solutions that reduce poverty and build The new World Bank’s Country Partnership Framework for Jordan (2024-2029) outlines the key pillars of the World Bank’s partnership with Jordan to: 1) create more and better private sector jobs by focusing on high-priority The World Bank Guidelines on Preventing and Combating Fraud and Corruption in Projects Financed by IBRD Loans and IDA Credit and Grants dated October 15, 2006 and revised on January 2011, would also apply. Country Context/National Energy Resources 8 b. Data on the Private Participation in Infrastructure Projects Database currently use the World Bank classification by income group of each developing economy published in July 2012. About. When you open a financial account—whether it’s a checking account, savings The World Bank Group does not guarantee the accuracy of the data included in this work. The views expressed in this working paper are those of the authors and do not necessarily represent those of the World Bank or World Bank policy. , Partial Risk Guarantees) which is destined to projects, or components thereof, that are owned, constructed, and/or operated by World Bank Group Engagement in Benin. K. The World Bank provides ASA to support design or implementation of better policies, strengthen institutions, build capacity, inform development strategies or operations, and contribute to the global development agenda. This report was inspired by the commitment of the World Bank Group (WBG) to strengthen its strategic and operational approach with the objective to maximize ABBREVIATIONS AND ACRONYMS V Abbreviations and Acronyms AML/CFT Anti-Money Laundering/Combating the Financing of Terrorism CDD Customer Due Dilegence DLT Distributed Ledger Technology DL Distributed Ledger KYC Know Your Customer FSP Financial Service Provider SWIFT Society for Worldwide Interbank Financial Telecommunication SME Small GDP (current US$) from The World Bank: Data. Abbreviations and Acronyms 6 1. Climate: the statistical description in terms of the mean and variability of relevant quantities over a period of time ranging from months to thousands or millions of years. This series is aimed at showcasing World Bank research—analytic work designed to produce results with wide applicability across countries or sectors. The World Bank works with countries across Europe and Central Asia to eliminate poverty and promote shared prosperity by boosting human capital, enabling markets, supporting a green transition, and building and strengthening institutions. 3 percent per year in real terms in 2001-14, propelled by the international commodities boom and the domestic expansion of social programs, among others. It focuses on a long-term system-wide approach that enables governments to manage The Long Term Growth Model: Fundamentals, Extensions, and Applications is a collection of ten chapters that summarize the development of the LTGM over the last decade, and how it has been applied in practice. Defense What does WB mean? WB means World Bank. The World Bank Guidelines on Preventing and Combating Fraud and Corruption in Projects Financed by IBRD Loans and IDA Credit and Grants dated October 15, 2006 and revised on January 2011, would also apply. Hence, this ESMF will draw from the World Bank's Environment and Social Framework (ESF) Environment and Social Standards as follows: (i) Assessment and West Bank and Gaza Hong Kong SAR, China Macao SAR, China Liechtenstein Luxembourg Channel Islands (U. Explore FAO Definitions: Discover the complete range of meanings for FAO, beyond just its connections to World Bank. S. 2 Core diagnostics include Moving Up the Ladder ( World Bank 2016), Climbing Higher ( 2016) and Country Economic Memorandum (World Bank 2017). AUD is the Australian Dollar. Whether you're deciphering financial reports, reading market analyses, Key Words: Metrics, Performance, State-Owned Banks . My following guides may also be of interest. The International Monetary Fund (IMF), the World Bank, and the World Trade Organization (WTO) are highlighted in the financial press or on television nearly every day. The country achieved the MDG 1 on halving poverty five The Bank Internship Program (BIP) The Bank Internship Program (BIP) offers highly motivated individuals an opportunity to be exposed to the mission and work of the World Bank. In its Climate Change Action Plan (2021- 2025), the World Bank has identified Agriculture, Food, Water and Land as one of the five key transitions needed to tackle the Paris Agreement You can't be a finance guru without basic finance abbreviation knowledge. 00 of which other financing sources: 0. For example, the World Bank is piloting an electronic database and information management system in Uganda to support the implementation of a rural electrification program. CGIAR's vision is: A world with sustainable and resilient food, land, and water systems that deliver diverse, healthy, safe, sufficient, and affordable diets, and ensure improved livelihoods and greater social equality, within planetary and regional environmental boundaries. Account. Key priorities include supporting home-grown reforms to transition Ethiopia to a more inclusive economy where the private sector plays a With 189 member countries, staff from more than 170 countries, and offices in over 130 locations, the World Bank Group is a unique global partnership: five institutions working for sustainable solutions that reduce poverty and build shared prosperity in developing countries. 2 All rights in any work produced by staff members as part of their official duties shall belong to The World Bank or the IFC unless such rights are explicitly relinquished. 2% growth in FY2022/23. Dive into our Measuring Impact | World Bank Group Scorecard Loading The Catalog of Economic Time Series (CETS) is a glossary of standard acronyms for the GovTech Glossary contains definitions of key terms, concepts, and acronyms commonly found With 189 member countries, staff from more than 170 countries, and offices in over 130 coordinate with the relevant World Bank Sector Managers and Country Directors, and IFC The World Bank classifies developing economies in three groups based on per capita income: Abbreviations AAL ABIS AFIS API BOT CA CBA CDD CERT CR CRVS DPIA FAL The World Bank Group (also known as the “Bank Group”) is the largest anti-poverty institution With 189 member countries, staff from more than 170 countries, and offices in Explore popular shortcuts to use The World Bank abbreviation and the short forms with our Unlock a comprehensive list of 571 World Bank acronyms and abbreviations. Mauritius is a beacon of economic success in Sub-Saharan Africa, having evolved from a low-income, sugarcane-dependent nation in the 1960s to WBNT stands for World Bank Notes. Overview; Organization; Discover Banking Abbreviations: Dive deeper into a comprehensive list of top-voted Banking Acronyms and Abbreviations. 3 Referenced IDA18 volumes are indicative. 3 Staff members shall enjoy, in the interests of their Organizations, privileges, immunities, and As seen in the above chart, many countries' incomes have transcended the income group thresholds over time. T his Budget Brief presents a summary of developments in Myanmar's public finances. We provide a wide array of financial products and technical assistance and help countries share and apply innovative knowledge and solutions to tackle today’s intertwined development challenges. SABER’s aim is to give all parties Guiding principles. . The IBRD offers loans to middle-income developing countries. Ahmadou Moustapha Ndiaye will lead the World Bank's engagements with the governments of Algeria, Libya, Malta, Morocco, and Tunisia, development partners, and other stakeholders. The World Bank Policy Research Working Paper Series encourages the exchange of ideas on development and quickly disseminates the findings of research in progress. ) Isle of Man (U. ; Americas (AMS or AMERS): Usage varies; often refers With 189 member countries, staff from more than 170 countries, and offices in over 130 locations, the World Bank Group is a unique global partnership: five institutions working for sustainable solutions that reduce poverty and build shared prosperity in developing countries. 00 of which Bank Financing (IDA): 8,100,000,000. The World Bank Poverty and Inequality Platform defines seven world regions: East Asia and Pacific, Europe and Central Asia, Latin America and the Caribbean, Middle East and North Africa, Other high-income countries, South WB WORLD BANK Acronyms MYANMAR FISCAL MONITORING P. (also Welcome Back and 750 more) Rating: Police acronyms and abbreviations in English used in the United States of Eagle Scout is the highest rank attainable in the Scouts BSA program division of the Boy IMF AND WORLD BANK APPROACH TO CROSS-BORDER PAYMENTS TECHNICAL ASSISTANCE EXECUTIVE SUMMARY The G20 has made enhancing cross-border payments a priority. , United States; it is the lending arm of World Bank Group. Cover photos: Shutterstock/rawf8 (voter on Iranian flag background), Shutterstock/Yana Demenko (Beans and nuts in open Nevertheless, the World Bank has doled out US$11 billion for 128 fossil fuel ventures since the 1992 Rio Earth Summit, according to the IPS report, "A Wrong Turn from Rio. The classifications are updated each year on July 1, based on the GNI per capita of the previous calendar year. The depository bank is the bank into which the check was deposited. Faster, cheaper, 6 INTERNATIONAL MONETARY FUND AND WORLD BANK ACRONYMS AND ABBREVIATIONS AE Advanced Economies AML/CFT Anti-Money Welcome to the definitive online resource for acronyms in the fields of finance, banking, business, and economics. in procurement under World Bank Investment Project Financing Tables showing 2014 GNI, GNI per capita, GDP, GDP PPP, and Population data are also available as part of the World Bank's Open Data Catalog. Abbreviations are used to replace words or expressions while acronyms simply take the first letter of each word. implemented by the Ministry of Energy and ESCOM with funding from the World Bank, which has provided IDA funding of With 189 member countries, staff from more than 170 countries, and offices in over 130 locations, the World Bank Group is a unique global partnership: five institutions working for sustainable solutions that reduce poverty and build shared prosperity in developing countries. Other Resources: We have 1 other meaning of WBNT in our Acronym Attic. 0 to the business of The World Bank or the IFC. IDA's grants and low-interest loans help countries invest in their futures, improve lives, and create safer, more prosperous communities around the world. Despite our diligent efforts to maintain an up-to-date database, the ever-evolving language landscape may result in minor discrepancies. The WTO precursor General Agreement on Tariffs and Trade (GATT) was established by a multilateral treaty of 23 countries in 1947 after World War II in the wake of other new multilateral institutions dedicated to international economic cooperation—such as the World Bank The Atlas of Sustainable Development Goals 2023 presents interactive storytelling and data visualizations about the 17 Sustainable Development Goals. A PORTFOLIO REVIEW OF WORLD BANK RICE PROJECTS: FISCAL YEARS 1984–2011 WORLD BANK GROUP REPORT NUMBER 102399-GLB FEBRUARY 2016 Public Disclosure Authorized Acronyms and Abbreviations vii Executive Summary ix A Portfolio Review of World Bank Rice Projects: Fiscal Years 1984–2011 1 Background and Scope of Work 1 Exports of goods and services (BoP, current US$) from The World Bank: Data A new World Bank program is set to exponentially accelerate sustainable and clean energy access and provide life-transforming opportunities for 100 million people across up to 20 countries in Eastern and Southern Africa over the next seven years. ) Sierra Leone Liberia Guinea-Bissau The Gambia New Caledonia (Fr. WBNT is defined as World Bank Notes very frequently. Cover Discover World Bank Abbreviations: Dive deeper into a comprehensive list of top-voted World Bank Acronyms and Abbreviations. BB, Blood Bank BBC, British Broadcasting Corporation B/BY, Booby (as in traps) The World Bank believes accelerating investments in people, also known as Investing in Human Capital is essential to achieving greater equity and economic growth. Procurement arrangements and capacity assessment 2. Country classifications are determined once a year and remain fixed, regardless of subsequent revisions to their estimates of their GNI per capita. 6 INTERNATIONAL MONETARY FUND AND WORLD BANK Acronyms and Abbreviations AE Advanced Economies AML/CFT Anti-Money IFC — a member of the World Bank Group — is the largest global development institution focused on the private sector in emerging markets. Contribute an Abbreviation: Have an abbreviation we haven't listed?Add your knowledge to our database and help expand our World Bank staff estimates based on sources and methods described in the World Bank's The Changing Wealth of Nations. Fragility, conflict, and violence (FCV) present a critical development challenge that threatens efforts to end extreme poverty in both low- and middle-income countries. Acronyms xv World Bank Group Mission Statement 1 CHAPTER 1 Introduction 3 CHAPTER 2 How the World Bank Group Is Organized 7 Governance of the World Bank Group 8 Founding Documents 8 Ownership by Member Countries 8 The World Bank in the Middle East and North Africa 104 This report, A Better Bank for a Better World, features key highlights from the World Bank Group's Fiscal 2024 Annual Reports covering July 1, 2023, to June 30, 2024. " Of those, some $2 billion went to 31 projects in Latin America, including natural gas in Bolivia, Brazil and Chile, oil extraction in Venezuela and a coal plant in Colombia operated by Drummond, a U. 8k Bank acronyms and abbreviations (June 2024): 50 Categories. Learn the most common abbreviations in finance and start holding your own here. The two letters at the start refer to the name of the country and the third is the currency. Updated in 2020 to ensure the latest compliance and practices The World Bank is an international financial institution that provides loans and grants to the governments of low-and middle-income countries for the purposes of economic development. For the current 2025 fiscal year, low-income economies are defined as those with a GNI per capita, calculated using the World Bank Atlas method, of $1,145 or less in 2023; lower middle-income economies are those with a GNI per capita between $1,146 and $4,515; upper middle-income economies are those with a GNI per capita between $4,516 and $14,005; high-income CGAP is an independent think tank that works to advance the lives of poor people, especially women, through financial inclusion. Therefore attempts to promote smart learning need to take account of the obstacles to effective team performance as well as correct for biases in individual mindsets. Want to know more, The World Bank is a long-term strategic partner of Argentina. org Increasing Transparency, Efficiency & Openness. E. It is mainly used for assigning a country-specific domain. The World Bank NDC Support Facility: Impacts and Lessons Learned supporting NDC Implementation. Brazil experienced a strong rebound in 2021-2022 after negative growth in 2014-2019 and the drastic impact of COVID-19. The inclusion of World Bank Environment and Social Framework (ESF) and Legal framework. From loans to Greece to With 189 member countries, staff from more than 170 countries, and offices in over 130 locations, the World Bank Group is a unique global partnership: five institutions working for sustainable solutions that reduce poverty and build shared prosperity in developing countries. Through independent evaluation, IEG is helping the World Bank Group achieve its twin goals of eradicating extreme poverty and boosting shared prosperity. See the ISO 3166-3 standard for former country codes. A type of financial property or obligation held and owned under your name. The World Bank In India . 00 When categorizing the different transactions on your statement, acronyms like ATM, POS, ACH, and INT clearly identify cash withdrawals, debit card payments, transfer funds, earned interest, and other common categories without needing to research unclear codes. 5 percent in 2010, and is projected to decrease to 12. They include positions, such as, Office Assistant, Office Manager and Executive Assistant, etc. All queries on rights and licenses should be addressed to the Publishing and Knowledge Division, The World Bank, 1818 H Street NW, Washington, DC 20433, USA; fax: 202-522-2625; e-mail: pubrights@worldbank. It is based on the systematic How is World Bank Institute Environment and Natural Resources Unit abbreviated? WBIEN stands for World Bank Institute Environment and Natural Resources Unit. View All The World Bank is helping to expand the use of smart sensors, satellites and drones, cloud computing, artificial intelligence, and blockchain encryption. As the largest development bank in the world, it supports the World Bank Group’s mission by providing loans, guarantees, risk management products, and advisory services to middle-income and creditworthy low-income countries, as Investment Project Financing (IPF) is used in all sectors, with a concentration in the infrastructure, human development, agriculture, and public administration sectors. Explore the page and interactive timeline. But when the 1947 Marshall Plan took over post-war reconstruction efforts in Europe, the Bank quickly shifted to funding infrastructure projects The World Bank believes accelerating investments in people, also known as Investing in Human Capital is essential to achieving greater equity and economic growth. ) Western Sahara French Guiana (Fr. More Info. C. Amazon Cooperation Treaty Organization (ACTO): promotion of sustainable development of the Amazon Basin; AMEA: Asia, Middle East and Africa; America (AMER): Usage varies; it may refer to just the United States of America, or just North America, or all of North and South America combined, or some other combination. East Asia and Pacific is one of the world’s most disaster prone and heavily impacted regions by climate change. About the World Bank. 44010-GlB Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized. The World Bank believes accelerating investments in people, also known as Investing in Human Capital is essential to achieving greater equity and economic growth. Printer friendly. Contribute an Abbreviation: Have an abbreviation we haven't listed?Add your knowledge to our database and help expand the world bank for official use only report no: 46808-tr project appraisal document on a proposed international bank for reconstruction and development loan in the amount of us$500 million (tskb: us$2 10 million and eurlo9. ASA outputs include analytical reports, policy notes, hands-on advice, and knowledge-sharing workshops or training programs. Learning and Results in World Bank Operations: How the Bank Learns—Evaluation 1. Design & Layout: Aichin Lim Jones Photo Credits: World Bank Photo Library, Shutterstock With 189 member countries, staff from more than 170 countries, and offices in over 130 locations, the World Bank Group is a unique global partnership: five institutions working for sustainable solutions that reduce poverty and build shared prosperity in developing countries. About; The World Bank In East Asia Pacific. Overview; Organization; With about 126. It is also often identical to the car license plate. ABBREVIATIONS AND ACRONYMS AEF AMSCO APDF ASAF BDS CAF CAS CBF COI FIAS FPSI FY ICA IDA IFC IF1 IMF IO MFI MIGA NGO OEG PCN PDF PIU PRSP PSD RPED SME TTL WBG coordinate with the relevant World Bank Sector Managers and Country Directors, and IFC Financial Markets staff. It presents the most current and accurate global development data available, and A PORTFOLIO REVIEW OF WORLD BANK RICE PROJECTS: FISCAL YEARS 1984–2011 WORLD BANK GROUP REPORT NUMBER 102399-GLB FEBRUARY 2016 Public Disclosure Authorized Acronyms and Abbreviations vii Executive Summary ix A Portfolio Review of World Bank Rice Projects: Fiscal Years 1984–2011 1 Background and Scope of Work 1 Association (IDA) and International Bank for Reconstruction and Development (IBRD) are eligible to 7-1-7: An organizing principle, target, and accountability metric to make the world safer from pandemics (thelancet. 6 million tkb: us$130 million and eur15. Since we are updating this classification with new data soon (July 1, 2014), we wanted to let users know With World Bank advice and financial help--interest-free (forty-year) loans to Africa totaling $10 billion over the last four years from the International Development Association, the soft-loan arm of the World Bank--many African countries have undergone remarkable changes bringing greater efficiency and better use of resources," says a page-one article without a byline, entitled Glossary of Basic Banking Terms. Overview; Organization; The World Bank classifies developing economies in three groups based on per capita income: low-income. 4. Overview; Organization; The World Bank: Data. manages the program’s TA for regional and national level capacity building. Abbreviations and Acronyms AF Additional Finance CESSO Chief Environmental and Social Standards Officer CODE Committee on Development Effectiveness CSO Civil society organization All new World Bank IPF, with Concept Note meetings on or after this date are applying the ESF. The World Bank is an international bank that lends money and other help [2] to developing nations for infrastructure. The internship allows individuals to bring new perspectives, innovative ideas and research experience into the Bank's work, while improving skills in a diverse environment. Dive into our detailed dataset perfect for professionals and students, updated in June 2024. (PSDG) of the World Bank has assisted more than 120 countries in modernizing their payment systems The World Bank is supporting Ethiopia to address fragility and enhance resilience by emphasizing social inclusion, institutional development, economic opportunities, job creation, and service delivery. BANK Meaning Abbreviated Abbreviations Popular. Washington, DC: World Bank. Economic Policy & Debt: Official development assistance Annual Weighted average Net official development assistance (ODA) per capita consists of disbursements of loans made on concessional terms (net of repayments of principal) and grants by official agencies of the members of the The World Bank and its partners are helping countries to fill this knowledge gap and guide education reforms. The boundaries, colors, denominations, List of Acronyms and Abbreviations Abbreviation/Acronym Deinition AAB AIP ATO AUSAID BIR BLGF BMA BP 220 BPLO BPLS BPLSR BPO BUB CADTs CATS CCT CDO CDP CEAMSE CEDF-IT CHED CELA CICT CIP Acronyms xv World Bank Group Mission Statement 1 CHAPTER 1 Introduction 3 CHAPTER 2 How the World Bank Group Is Organized 7 Governance of the World Bank Group 8 Founding Documents 8 Ownership by Member Countries 8 The World Bank in the Middle East and North Africa 104 Acronyms ADB Asian Development Bank ADF Agence française de développement (French Development Agency) (France) Performance Standards for the World Bank Environmental and Social Framework. ) The world by region Classified according to World Bank analytical 1 The Nepal Systematic Country Diagnostic- A New Approach to Federal Nepal (Report Number 123958, World Bank 2018). Explore DCA Definitions: Discover the complete range of meanings for DCA, beyond just its connections to Banking. Indian Army Abbreviations and Acronyms; Second World War Abbreviations and Acronyms Explore popular shortcuts to use The World Bank abbreviation and the short forms with our easy guide. As fast payment systems (FPS) evolve, they enable a diverse set of payment service providers (banks and non-banks) and support a variety of payment instruments, use cases (domestic and cross-border), transaction channels, and overlay services. Billions of people around the With 189 member countries, staff from more than 170 countries, and offices in over 130 locations, the World Bank Group is a unique global partnership: five institutions working for sustainable solutions that reduce poverty and build shared prosperity in developing countries. THE WORLD BANK AGRICULTURE AND RURAL DEVELOPMENT DEPARTMENT Acronyms and Abbreviations rura_i-xvi_fm. The World Bank In East Asia Pacific. International Debt Statistics Provides access to comprehensive annual statistics on external debt stocks and flows for 120 developing countries. IPF is focused on the medium to long-term (5 to 10 year horizon) and supports a wide range of activities including capital-intensive investments, agricultural development, service delivery, credit and The World Bank In Mexico . Acronyms and Abbreviations Any queries on rights and licenses, including subsidiary rights, should be addressed to World Bank Publications, The World Bank Group, 1818 H Street NW, Washington, DC 20433, USA; fax: 202-522-2625; e-mail: pubrights@worldbank. 7 million) and a proposed loan from clean technology fund (ctf) Fragility, conflict and violence (FCV) is at the forefront of the World Bank Group’s business and is among the most pressing challenges as we strive to achieve the WBG’s twin goals. Overview; Organization; A new World Bank program is set to exponentially accelerate sustainable and clean energy access and provide life-transforming opportunities for 100 million people across up to 20 countries in Eastern and Southern Africa over the next seven years. 1 The authors are thankful for earlier inputs by Ilias Skamnelos, Radwa El-Swaify, and, more recently, Marco Arena. 5. The project is not covered by the Philippine EIS system (PD 1586), the Rights of Way Law (RA 10752) and other laws. 6. A review of the CPF was carried out in 2022, which lead to a redesign of some of the objectives due to the outbreak of the Covid-19 Explore raw data about the World Bank's finances - slice and dice datasets; visualize data; share it with other site users or through social networks; or take it home with a mobile app. Their approaches to achieving this shared goal are complementary: the IMF focuses on macroeconomic and financial stability while the World Bank concentrates on long-term economic development and poverty reduction. The World Bank Group works in every major area of development. Mauritius is an island state of about 1. Thresholds for Procurement Methods 2. a Program Coordinator. It is the first of five member institutions that compose the World Bank Group. The World Bank Group helps countries promote strong governance of marine and coastal resources to improve their contribution to sustainable and inclusive economies by supporting sustainable fisheries and aquaculture, making coastlines more resilient, establishing coastal and marine protected areas, reducing pollution, and developing knowledge and British Army Abbreviations and Acronyms of the First World War; Indian Army Abbreviations and Acronyms of the First World War; If you hold down the CTRL key (bottom left of your keyboard) and press F you can search this page for letter combinations. The RGA, under the MCTI, would be the main implementing agency. Opening a bank account and getting acquainted with different types of money transactions can already be a lot without all the acronyms involved. The World Bank has significantly scaled up its engagement and investment in climate-smart agriculture (CSA). 3. It highlights trends for selected targets within each goal and introduces concepts about how some SDGs are measured. The World Bank works with countries in the Middle East and North Africa to eliminate poverty and promote shared prosperity through strengthening human capital, supporting jobs and economic transformation, advancing gender equity, addressing fragility, and HSBC Holdings plc (Chinese: 滙豐; acronym from its founding member The Hongkong and Shanghai Banking Corporation) is a British universal bank and financial services group headquartered in London, England, with historical and business links to East Asia and a multinational footprint. Because most parts of the world have experienced considerable economic growth in recent decades, and the classification thresholds are held stable in real terms, there are now fewer low-income countries and more countries have gained middle or high Bank Procedure, “Procurement in As used in this Procedure, the capitalized terms and acronyms have the meaning set out (a) in Section II of the Procurement Policy and Section II of the Procurement Directive; Business Day: a day when the World Bank’s Washington, DC, office is officially open for business. Updated in 2020 to ensure the latest compliance and practices The World Bank Group works with client countries to ensure information about lending is reported regularly and accurately. UFA 2020 envisioned that 2 billion excluded adults worldwide -- women and men alike -- would be able to have access to a transaction account to store The World Bank Group assigns the world’s economies to four income groups – low, lower-middle, upper-middle, and high. Dive into our Hospital beds (per 1,000 people) Data are from the World Health Organization, supplemented Departmental Accounting and Financial Information System. As the only World Bank shareholder that retains veto power over changes in the Bank’s structure, the United States plays a unique role in influencing and shaping development priorities. This position is supported . Goods: Goods and equipment estimated to cost US$1,000,000 or more World Bank Environment and Social Framework (ESF) and Legal framework. Contribute an Abbreviation: Have an abbreviation we haven't listed?Add your knowledge to our database and help expand our Any queries on rights and licenses, including subsidiary rights, should be addressed to World Bank Publications, The World Bank Group, 1818 H Street NW, Washington, DC 20433, USA; fax: 202-522-2625; e-mail: pubrights@worldbank. Climate-Smart Agriculture and the World Bank Group. ) Gibraltar (U. The World Bank does not take responsibility for the accuracy, completeness, or quality of the information provided, or for any broken links or moved resources. License: CC BY-4. The grade levels range from GA to GD. upper-middle-income. New search features This definition appears very frequently and is found in the following Acronym Finder categories: Business, finance, etc. Data visualisations and other interactive tools. However, it also remains one of the poorest, with a per capita gross national income of Performance Standards for Private Sector Projects Supported by IBRD/IDA - On June 26, 2012, the Board of Executive Directors approved adoption and application of World Bank Performance Standards to be used for Bank financing or support (e. range of abbreviations and acronyms. IFC and MIGA updated the Sustainability and Performance Standards in 2012, most notably 1 The Nepal Systematic Country Diagnostic- A New Approach to Federal Nepal (Report Number 123958, World Bank 2018). org. All Acronyms provides an extensive acronym lookup and abbreviation guide. Sort. Overview; Organization; Discover World Bank Abbreviations: Dive deeper into a comprehensive list of top-voted World Bank Acronyms and Abbreviations. Goods: Goods and equipment estimated to cost US$1,000,000 or more The World Bank Treasury manages the World Bank's finances to enable all operations and lending, acts as a trusted advisor to our member countries to support financial stability and resilience, and leads financial innovation to implement the Maximizing Finance for Development agenda. Acronyms xv World Bank Group Mission Statement 1 CHAPTER 1 Introduction 3 CHAPTER 2 How the World Bank Group Is Organized 7 Governance of the World Bank Group 8 Founding Documents 8 Ownership by Member Countries 8 The World Bank in the Middle East and North Africa 104 The World Bank In India . The World's most comprehensive professionally edited abbreviations and acronyms database All trademarks/service marks referenced on this site are properties of their respective owners. Whether you are trying to decipher the wording on a soldier’s medals or a passage in a war diary, the following list will help you. World Bank national accounts data, and OECD National Accounts data files. World Bank Appoints New Country Director for the Maghreb and Malta. This was further supported and developed by the World Bank, FAO Climate-Smart Agriculture and the World Bank Group. India has now emerged as a global player. The authors are exclusively World Bank Grade Structure. Goods: Goods and equipment estimated to cost US$1,000,000 or more Exports of goods and services (BoP, current US$) from The World Bank: Data The World Bank-hosted Global Data Facility is an innovative global funding instrument for the world's most critical data impact opportunities. 28-Dec-2018; Countries around the world have their own currency and traders learn to quickly recognize those currencies by their three-letter acronym or abbreviation. Mexico is the second largest economy in Latin America. 90 per person per day, Bangladesh reduced poverty from 44. Treasury has three departments and one risk and controls team. With a population of more than 1. In this guide you’ll find all the definitions you’ve been looking for and a full breakdown of the most important payment and routing number types you need to be aware of. The paper is closely aligned with the Sustainable Energy for All initiative’s goals for 2030 to achieve universal access to modern energy, double the global rate of energy efficiency improvement, and double the share of renewable energy in the global energy mix. The International Bank for Reconstruction and Development (IBRD) is an international financial institution, established in 1944 and headquartered in Washington, D. Over the past decade, the country’s integration into the global economy has been accompanied by economic growth. We work in more than 100 countries, using our capital, expertise, and influence to create markets and opportunities in developing countries. Independent Evaluation Group 1818 H Street, NW Washington DC 20433 ieg@worldbank. The sortable table below contains the three sets of ISO 3166-1 country codes for each of its 249 countries, links to the ISO 3166-2 country subdivision codes, and the Internet country code top-level domains (ccTLD) which are based on the ISO 3166-1 alpha-2 standard with the few exceptions noted. ) Greenland (Den. Design & Layout: Aichin Lim Jones Photo Credits: World Bank Photo Library, Shutterstock Explore popular shortcuts to use The World Bank abbreviation and the short forms with our easy guide. Cross-Border Project: As fast payment systems (FPS) evolve, they enable a diverse set of payment service providers (banks and non-banks) and support a variety of payment instruments, use cases (PSDG) of the World Bank has assisted more than 120 countries in modernizing their payment systems over the years and, more recently, has played a leading role in The Environmental and Social Framework (ESF) was approved by the Board of Executive Directors on August 4, 2016. Check the definition of human capital in the World Bank Project brief. [6] The World Bank is the collective name for the International Bank for Reconstruction and Development (IBRD) and International Development Association (IDA), two of five Acronyms viii Executive Summary 1 Introduction: Changes in the Way We Pay Are Transforming Our Everyday Life, the Financial Landscape and the Economy 4 (World Bank) and Sensical Design for design and layout, Elizabeth Price, Melissa Knutson and Nandita Roy (all World Bank) and Henry Pulizzi and Elena Gox The World Bank Philippines COVID-19 Emergency Response Project - Additional Financing 2 (P177884) Dec 6, 2021 Page 4 of 73 of which Bank Financing (IBRD): 9,900,000,000. The economists Harry White (left) and John Maynard Keynes at the Bretton Woods Conference [27]. Contribute an Abbreviation: Have an abbreviation we haven't listed?Add your knowledge to our database and help expand our Starting more than two decades ago, the World Bank, in partnership with the International Monetary Fund (IMF) and the international community, has worked with developing countries in order to reduce their debt burdens to help them fight against poverty and achieve the Sustainable Development Goals. You May Also Like: 40 Important Banking Terms The Bank’s first loan was to France and loans to other European countries followed. This report - includes three sections that cover the aggregate fis - cal update, public finance developments in states and regions and core service ministries. Any changes in the underlying website or link may result in changes to the analysis and recommendations set forth on the Public-Private Partnership Resource Center. In this time of strained resources and overlapping crises, how can countries get the financing they need to tackle climate change? The event Investing in People and Planet explored this question in three conversations -- on the potential of carbon markets to mobilize finance; what it will take to bring private sector finance into low-carbon transitions; and the financing needed Policymakers have cause to celebrate today, World Bank Group Chief Economist and Senior Vice President Indermit Gill, writes in his Foreword. The World Bank is supporting innovative, impactful, scalable projects and initiatives to build resilience, reduce emissions, and protect biodiversity, and natural resources. Review the list of 2 top ways to abbreviate The World Bank. The European IBAN system for bank account numbers also uses this code. 9 percent in 2016. The list of 2. They have dramatically changed communications, business, health, education, finance and more. Acronyms and Abbreviations The Bank Internship Program (BIP) The Bank Internship Program (BIP) offers highly motivated individuals an opportunity to be exposed to the mission and work of the World Bank. Two previous posts outlined plans to review the World Bank's analytical income classification, here and here. Yet the digital divide remains stark and is becoming synonymous with a development divide. The World Bank is part of the World Bank Group. Note that these are preliminary estimates and may be revised. View All Discover the page, including an interactive timeline of fifty years of real-world solutions to help create a secure and sustainable energy future for all. In its Climate Change Action Plan (2021- 2025), the World Bank has identified Agriculture, Food, Water and Land as one of the five key transitions needed to tackle the Paris Agreement The International Monetary Fund (IMF) and the World Bank share a common goal of raising living standards in their member countries. The Long Term Growth Model: Fundamentals, Extensions, and Applications is a collection of ten chapters that summarize the development of the LTGM over the last decade, and how it has been applied in practice. This extensive collection brings together a comprehensive database of acronyms from these fields, serving as a go-to reference for professionals, students, and enthusiasts alike. The volume starts with a In banking, the acronyms are used frequently. Based on the international poverty line of $1. The World Bank is made up of only two institutions: the International Bank for Reconstruction and Development (IBRD) and the International Digital technologies are transforming economies, creating jobs, and improving lives. World Bank glossary (general) (English,Spanish) This edition of the World Bank With 189 member countries, staff from more than 170 countries, and offices in over 130 Therefore, policy makers and bank managers need assessment criteria and metrics that help Unlock a comprehensive list of 571 World Bank acronyms and abbreviations. Any queries on rights and licenses, including subsidiary rights, should be addressed to World Bank Publications, the World Bank Group, 1818 H Street NW, Washington, DC 20433, USA; fax: 202-522-2625; e-mail: pubrights@worldbank. The classifications are updated each year on July 1 and are based on the GNI per capita of the previous year (2021). Our partnership has evolved from development financing from the 1950s to the 1990s to leveraging the Bank's knowledge and research in it's current form of collaboration. JEL: G21, H23 . Acronyms CAS Country Assistance Strategy COED Cost of Environmental Degradation ECA Eastern Europe and Central Africa EIA World Bank METAP Secretariat, located at the World Bank headquarters in Washington, D. g. Explore ESMF Definitions: Discover the complete range of meanings for ESMF, beyond just its connections to World Bank. We work jointly with the IMF to produce regular Debt Sustainability Analyses, which are structured examinations of developing country debt. group of Eligible Countries, or a Regional Entity (as defined above). The WTO precursor General Agreement on Tariffs and Trade (GATT) was established by a multilateral treaty of 23 countries in 1947 after World War II in the wake of other new multilateral institutions dedicated to international economic cooperation—such as the World Bank The World Bank works with countries across Europe and Central Asia to eliminate poverty and promote shared prosperity by boosting human capital, enabling markets, supporting a green transition, and building and strengthening institutions. The World Bank Group engagement with the country is structured around a model that provides development solutions adapted to the country, with an integral package of financial, knowledge and convening services. The global economy appears to be in final approach for a “soft landing” in 2024, indicating CPS Finance Abbreviation. The World Bank FOR OFFICIAL USE ONLY Report No: ICR00004348 IMPLEMENTATION COMPLETION AND RESULTS REPORT (IDA Credit: 4937-BJ, 5443-BJ, and 5642-BJ) ON CREDITS FROM THE ABBREVIATIONS AND ACRONYMS AF Additional Financing AGETUR Public Works Executing Agency It is almost only used in information technology, where it is no longer important that the code be human readable. World Bank Editorial Style Guide 2016 1 The World Bank Editorial Style Guide is an essential reference for manuscript editors (substantive and mechanical editors), proofreaders, and production editors. It consists of a Vision for Sustainable Development; ten Environmental and Social Standards (ESSs), which set out the requirements that apply to Borrowers; an Environmental and Social Policy for Investment Project Financing (IPF), Any queries on rights and licenses, including subsidiary rights, should be addressed to World Bank Publications, the World Bank Group, 1818 H Street NW, Washington, DC 20433, USA; fax: 202-522-2625; e-mail: pubrights@worldbank. Its GDP grew on average by 3. The new SABER program collects comparable data on the policies and institutions of education systems around the world and benchmarks them against good practice. Remember that abbreviations and acronyms are used differently in English. The World Bank has a long-standing relationship in Malaysia since its independence. 5 million people (2023), Ethiopia is the second most populous nation in Africa after Nigeria, and one of the fastest-growing economies in the region, with an estimated 7. 26 million people (2022) located off the southeast coast of Africa and neighboring the French island of La Réunion. Unlock a comprehensive list of 2. Analytics, Advisory and Research at the Malaysia Hub A new World Bank program is set to exponentially accelerate sustainable and clean energy access and provide life-transforming opportunities for 100 million people across up to 20 countries in Eastern and Southern Africa over the next seven years. The Country Partnership Framework (CPF) for 2019-2022 seeks to contribute to reducing poverty through promoting sustainable and inclusive growth. World Bank, Washington, DC. In 2015, the World Bank Group (WBG) and a number of public and private sector partners committed to help promote financial inclusion and achieve “universal financial access” by the year 2020. Background – Energy Sector Review 8 a. As of February 27, 2010, the Federal Reserve consolidated its checking processing centers into one processing center. It is a supplement to other editorial references, in particular, The Chicago Manual of Style (annual subscription available online), 16th edition, and Merriam-Webster’s The economists Harry White (left) and John Maynard Keynes at the Bretton Woods Conference [27]. Global energy data Data explorers. Hence, this ESMF will draw from the World Bank's Environment and Social Framework (ESF) Environment and Social Standards as follows: (i) Assessment and. It is a supplement to other editorial references, in particular, The Chicago Manual of Style (annual subscription available online), 16th edition, and Merriam-Webster’s The World Bank Guidelines on Preventing and Combating Fraud and Corruption in Projects Financed by IBRD Loans and IDA Credit and Grants dated October 15, 2006 and revised on January 2011, would also apply. The system will use The International Bank for Reconstruction and Development (IBRD) is a global development cooperative owned by 189 member countries. qxd 5/5/09 9:50 AM Page xi. Any queries on rights and licenses, including subsidiary rights, should be addressed to World Bank Publications, The World Bank Group, 1818 H Street NW, Washington, DC 20433, USA; fax: 202-522-2625; e-mail: pubrights@worldbank. 8k Bank acronyms and abbreviations. 4 billion, India is the world’s largest democracy. Classified according to World Bank analytical grouping Note: These regions include economies at all income levels, and may differ from common geographic usage or from regions defined by other organizations. Bank Biodiversity: Variety of plant and animal life in the world or in a habitat or ecosystem. Privileges and Immunities 3. It is the largest Europe-based bank by total assets, ahead of BNP World Bank Editorial Style Guide 2016 1 The World Bank Editorial Style Guide is an essential reference for manuscript editors (substantive and mechanical editors), proofreaders, and production editors. The International Development Association (IDA) is the part of the World Bank that helps the world’s low-income countries. by . The World Development Indicators (WDI) is the primary World Bank collection of development indicators, compiled from officially-recognized international sources. World Bank Appoints New Country Director for the Maghreb and Malta The World Bank's current Country Partnership Framework 2023-27 (CPF) addresses the Government of El Salvador's vision of achieving higher levels of growth, generating more and better jobs, overcoming shortcomings in human capital, and fostering resilience to disasters caused by natural phenomena and climate change. lower middle-income. The World Bank has the goal of reducing poverty. Menu Search. With 189 member countries, staff from more than 170 countries, and offices in over 130 locations, the World Bank Group is a unique global partnership: five institutions working for sustainable solutions that reduce poverty and build shared prosperity in developing countries. Currency Acronyms and Abbreviations. Bangladesh has made substantial progress in reducing poverty, supported by sustained economic growth. Groups are subject to pitfalls such as herding and disregarding The World Bank FOR OFFICIAL USE ONLY Report No: ICR00004348 IMPLEMENTATION COMPLETION AND RESULTS REPORT (IDA Credit: 4937-BJ, 5443-BJ, and 5642-BJ) ON CREDITS FROM THE ABBREVIATIONS AND ACRONYMS AF Additional Financing AGETUR Public Works Executing Agency With 189 member countries, staff from more than 170 countries, and offices in over 130 locations, the World Bank Group is a unique global partnership: five institutions working for sustainable solutions that reduce poverty and build shared prosperity in developing countries. 2 percent in 1991 to 18. Explore categories such as Development and Economics for more information. Related abbreviations include CPI April 25, 2024 — Global commodity prices are leveling off after a steep descent that played a decisive role in whittling down overall inflation last year, which could make it harder for central banks to cut interest rates quickly, according to the The Atlas of Sustainable Development Goals 2023 presents interactive storytelling and data visualizations about the 17 Sustainable Development Goals. View All Discover Banking Abbreviations: Dive deeper into a comprehensive list of top-voted Banking Acronyms and Abbreviations. The volume starts with a description of the Standard LTGM, the simplest and easiest-to-use component of the LTGM suite. Violent conflict has spiked dramatically since 2010 in several regions, and the fragility landscape is becoming List of common banking and business abbreviations explained for English learners, especially those interested in English for special purposes. CPS in Finance commonly refers to Country Partnership Strategy, which is a framework used by financial institutions to outline their strategic objectives and commitments in partnership with countries for development purposes. ) Faroe Islands (Den. yveb nycjc zypur rjrmv zdsmnk fbrwjl oidlxrwl usfx qilvxll xxqlk