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Multilateral Development Banks: Overview and Issues for ...

Multilateral Development Banks: Overview and Issues for Congress Updated February 11, 2020 Congressional Research Service R41170 Multilateral Development Banks: Overview and Issues for Congress Congressional Research Service Summary Multilateral Development banks (MDBs) provide financial assistance to developing countries in order to promote economic and social Development . The United States is a member, and donor, to five major MDBs: the World bank and four regional Development banks, including the African Development bank , the Asian Development bank , the European bank for Reconstruction and Development , and the Inter-American Development bank .

Feb 11, 2020 · IDB) have transferred concessional lending to their main, non-concessional lending facilities to increase their lending capacities. Historical Background World Bank The World Bank is the oldest and largest of the MDBs. The World Bank Group comprises three ... Overview and Issues for Congress Development Development

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