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The International Bank for Reconstruction and Development (IBRD) is an international financial institution that
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The IBRD is the first of five member institutions that compose the World Bank Group. It was established in 1944 with the mission of financing the reconstruction of European nations devastated by World War II. The IBRD provides commercial-grade or concessional financing to sovereign states to fund projects that seek to improve transportation and infrastructure, education, domestic policy, environmental consciousness, energy investments, healthcare, access to food and potable water, and access to improved sanitation.
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