Define the effectiveness of World Bank in promotion of development?

The World Bank has a clear set of goals: to assist countries meet the UN Millennium Development Goals. A main constraint is a lack of adequate resources to implement modify. The World Bank operates along with borrowed funds, mostly from the enormous richest group of countries.

At the 2002 year Monterrey Conference, the World Bank argued aid through DCs must rise by $50bn a year when the Millennium Development Goals are to be met. Those funds have not been committed through DCs.