The World Bank is a vital global financial institution that provides financial and technical assistance to developing countries around the world. Its primary focus is on reducing poverty and supporting development, aiming to improve education, health, public administration, infrastructure, financial and private sector development, agriculture, and environmental and natural resource management. The World Bank provides low-interest loans, zero to low-interest credits, and grants to countries for projects and initiatives that can improve the economic prospects and quality of life for people in those regions.