The World Bank serves the world's poorest through financing government projects that aim to end extreme poverty and promote sustainable and inclusive development.
Based on its most recent annual report, the World Bank Group — consisting of the International Bank for Reconstruction and Development, International Development Association, International Finance Corporation, Multilateral Investment Guarantee Agency, and International Centre for Settlement of Investment Disputes — disbursed a total of $91.4 billion in the fiscal year that ended in June 2023.
This is up 36.3%, in cash terms, from the previous year, with the increase largely driven by a spike in the amount disbursed through the World Bank trust funds.