The World Bank annually loans approximately $50 billion to poor and developing nations,which can use the money for health,nutrition,and education.

Question

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The World Bank provides financial and technical assistance to developing countries for development programs (e.g., bridges, roads, schools, etc.) that are expected to improve the economic prospects and quality of life for people in those countries. This includes loans for health, nutrition, and education projects, with the annual lending amount being in the ballpark of $50 billion, though the exact figure can vary from year to year.

The World Bank Annually Loans Approximately $50 Billion to Poor