Who, or what, are the World Bank. When they announce funding or a package where does the money come from from?

Question

Who, or what, are the World Bank. When they announce funding or a package where does the money come from from?

In: Economics

Answer 1

The World Bank is a bank. The money they give out comes from investors. They sell bonds on the international bond market to raise the money loan out, and they earn interest as loans are repaid.

Answer 2

It’s basically a bigger, world wide version of your local bank. It also has a policy-ish branch like the US Federal Reserve Bank, so it can do things like attempting fixing the economy.