By Andualem Sisay Gessesse (Marrakech, Morocco) – The newly appointed World bank President Ajay Banga expresses his plant to make the Bank a ‘better bank and Knowledge bank’. “I believe that the most important thing the Bank can do is not just money bank but to be a knowledge bank. The World Bank Group consists of five organizations:1- The International Bank for Reconstruction and Development: The International Bank for Reconstruction and Development (IBRD) lends to governments of middle-income and creditworthy low-income countries. 2- The International Development Association: The International Development Association (IDA) provides interest-free loans — called credits — and grants to governments of the poorest countries. Together, IBRD and IDA make up the World Bank.