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How does a country become a member of the World Bank?

April 26, 2017country world bank

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How does a country become a member of the World Bank?

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• Under the Articles of Agreement of the International Bank for Reconstruction and Development (IBRD), a country must first join the International Monetary Fund (IMF) prior to becoming a member of the Bank. Membership in IDA, IFCand MIGA is conditioned upon membership in IBRD. For more detailed information on procedures for membership and subscription in each organization, go to General Information.