Ibrd example sentences

The meeting was concluded with the setting up of three international institutions, namely the International Monetary Fund (IMF), International Bank for Reconstruction and Development (IBRD) and the International Trade Organisation (ITO).Concessional terms and conditions mean that repayment period is much longer than the repayment period of IBRD, and the borrowing nation need not pay any interest on the borrowed amount.It is due to its objective of providing soft loans that it is called the Soft Loan Window of the IBRD.The International Bank for Reconstruction and Development (IBRD), commonly known as World Bank, was result of the Bretton Woods Conference.IBRD also provides loans but these carry interest charged on commercial basis.Holding consultations with IMF and IBRD and its affiliated agencies so as to bring better understanding and cooperation in global economic policy making; and Supervising on a regular basis the operations of the revised Agreements and Ministerial declarations relating to goods, services and Trade Related Intellectual Property Rights (TRIPS).

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