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Portuguese is the only unofficial language to have its day (May 5) proclaimed as "World Day". [5] See also: Official languages of the United Nations. Universal Postal Union (UPU) French (official) and English (working). Other languages translated: Arabic, Chinese, German, Portuguese, Russian and Spanish World Bank (WB)
Mordovia (state language; with Moksha and Russian) [80] Even: Sakha (local official language; in localities with Even population) [78] Evenki: Sakha (local official language; in localities with Evenki population) [78] Faroese: Faroe Islands (with Danish) Finnish: Karelia (authorized language; with Karelian and Veps) [81] French: parts of Canada
The term "World Bank" generally refers to just the IBRD and IDA, whereas the term "World Bank Group" or "WBG" is used to refer to all five institutions collectively. [17] The World Bank Institute is the capacity development branch of the World Bank, providing learning and other capacity-building programs to member countries.
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. [6]
The World Bank Group is the globe’s most influential development lender, bankrolling hundreds of government and corporate projects each year in pursuit of its ambitious mission: to combat extreme poverty by backing new transit systems, power plants, dams, social services and other projects it believes will help boost the fortunes of poor people.
The World Bank Treasury is the division of the IBRD that manages the Bank's debt portfolio of over $100 billion and financial derivatives transactions of $20 billion. [21] The Bank offers flexible loans with maturities as long as 30 years and custom-tailored repayment scheduling. The IBRD also offers loans in local currencies.
Albanian authorities used a World Bank-backed project to clear the way for a planned seaside resort, partly or completely tearing down 15 homes in the impoverished village of Jale. Andon Koka's home was flattened, and half of his brother's home (in background) was demolished. Besar Likmeta / BalkanInsight.com
Afterward, it is up to the respective country (or countries) of the new language to help financially support translation and interpretation services. [citation needed] [2] [better source needed] Five languages were chosen in 1946 as official languages around when the United Nations was founded: Chinese [3]