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.