Summary

The World Bank is Australia's largest multilateral development partner. Australia's funding to the World Bank has increased fivefold since 2005. This publication outlines the relationship between Australia and the World Bank.

Description

The World Bank Group is Australia's largest multilateral development partner. It helps people in developing countries around the world by providing resources, sharing knowledge, building capacity and forging partnerships in the public and private sectors.

The World Bank Group provides low-interest or interest-free loans and grants to developing countries to fund improvements in education, health, public administration, infrastructure, financial and private sector development, agriculture, and environmental and natural resource management. It also supplies technical expertise and is a leading source of research and analysis.

Australia's funding to the World Bank Group has increased fivefold since 2005. In 2009-10 Australia provided $466 million to the World Bank Group's poverty alleviation and development programs.

Australia and the World Bank Group–Saving lives, creating opportunity [PDF 4.08mb]
Australia and the World Bank Group–Saving lives, creating opportunity [Word 186kb, no images]