75013 u I I"' -I I The World Bank Group on the Ground The World Bank Group today operates out of more than 150 offices worldwide. Increased presence in client countries is helping the World Bank Group to better understand, work more effectively with, and provide more timely service to its partners in client countries. More than 90 percent of the World Bank Group's Country Directors/Country Managers and 41 percent of staff are now based in country offices. The workforce includes people from 170 different nationalities . . ·~ .... •OFFICES Of THEWORLD BANK GROUP The International Bank for Reconstruction and Development (IBRD) lends to governments of middle-income and creditworthy low-income countries at low cost to clients. The International Development Association (IDA) provides interest-free, long-term loans-called credits-and grants to governments of the world's 79 poorest countries, which have little or no capacity to borrow on market terms. IDA's lending is financed by contributions to IDA from donor countries . Additional funds come from the World Bank Group and from borrowers' repayments of earlier IDA credits . The International Finance Corporation (IFC), the private sector arm of the World Bank Group, provides long-term loans, equity, struc- tured and securitized products, and advisory and risk mitigation services to private enterprises in developing and transition countries. The Multilateral Investment Guarantee Agency (MIGA) provides political risk insurance or guarantees to promote foreign direct investment into developing countries. The International Centre for Settlement of Investment Disputes (ICSID) provides facilities for conciliation and arbitration of inter- national investment disputes between foreign investors and host states. ICSID also researches and publishes on international arbitra- tion and foreign investment law. WORLD BANK RESULTS AT A GLANCE World Bank Results at a Glance iPhone App World Bank Results at a Glance is a free app that highlights 450+ World Bank result profiles across more than 85 countries over the last decade. For more information, go to bit.ly/wbresultsapp .