The United Kingdom became a member of the International Bank for Reconstruction and Development (IBRD) ¡ª the World Bank¡ªin December 1945 and played a crucial role in helping found the Bretton Woods institutions (World Bank and International Monetary Fund).
The United Kingdom and the World Bank work together to develop policies on a wide range of issues, such as conflict prevention, governance, health, and education ¨C trying to enable millions in the poorest countries to be immunized, gain access to roads and clean water, and become teachers, among other benefits. The Bank Group¡¯s expertise, knowledge, and ability to work across sectors and countries helps further the goals of human, economic, and sustainable development around the world.
The UK is also a member of the World Bank¡¯s fund for the poorest, , which it joined in 1960, the as of 1956, the as of 1988 and the as of 1967.
The United Kingdom remains a major shareholder of the institutions of the World Bank Group, serving as an important and influential partner in global efforts to reduce poverty.
