The World Bank

Overview

The World Bank is a pivotal global financial institution that plays a significant role in shaping economic policies and providing financial assistance to developing countries. It is headquartered in Washington, D.C., USA, and has several offices around the world to facilitate its operations.

Financial Indicators

With total disbursements reaching up to $45 billion annually for various projects, the World Bank's financial contributions extend across multiple sectors, including agriculture and food security. This financial power allows the institution to influence global economic trends significantly.

Impact on the Dairy Market

The World Bank has projected a decrease in prices for agricultural products by the year 2025, which is expected to influence the dairy market. The anticipated decrease in agricultural product prices may affect the cost of inputs such as feed, impacting production costs and pricing strategies within the dairy industry.

Key Personnel and Management

The World Bank's management team includes influential policymakers and economists who guide its strategic direction. These individuals play a crucial role in translating economic insights into actionable frameworks that support global economic growth and sustainability.

Future Plans and Initiatives

Looking forward, the World Bank plans to continue its focus on providing robust economic forecasts and financial support for sustainable development. Its future initiatives aim to address the challenges of food security, climate change, and economic inequality, with a commitment to fostering resilience in the agricultural sectors of developing economies.

Notable Events

According to the World Bank, the price of coconut oil reached a historic high of $2,483 per ton in April 2025, reflecting the institution's ongoing monitoring and analysis of global commodity prices.

Modified: 2025/05/18

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