IBRD
Organizations & Companies abbreviation · International Organization
| Stands for | International Bank for Reconstruction and Development |
|---|---|
| Categories | Organizations & Companies |
IBRD stands for International Bank for Reconstruction and Development, an international organization abbreviation.
Original World Bank institution, founded in 1944, which lends to governments of middle-income and creditworthy lower-income countries for development projects and policy programs, funded largely by borrowing on capital markets.
Example: The country signed an IBRD loan to modernize its electricity grid.
Usage notes
Its first loan, in 1947, went to France for postwar reconstruction. It is owned by its member governments, which subscribe capital. Together with IDA it makes up what is commonly called the World Bank.
Related abbreviations
More international organization abbreviations
- G7 – Group of Seven
- G77 – Group of 77
- G8 – Group of Eight
- GATT – General Agreement on Tariffs and Trade
- GCC – Gulf Cooperation Council
- IAEA – International Atomic Energy Agency
- ICAO – International Civil Aviation Organization
- ICC – International Criminal Court
- ICJ – International Court of Justice
- ICRC – International Committee of the Red Cross
- IDA – International Development Association
- IDB – Inter-American Development Bank