IBRD derives:

The IBRD derives its resources from capital subscribed by member countries, funds received in repayment of past loans, and borrowing in the world capital markets through the issuance and sales of bonds. Over the years, the IBRD has been more relevant in the development efforts of the developing member countries in the areas of:

i. Staff training and technical assistance, and

ii. Loan financing of projects in agriculture and rural development, energy, telecommunications, urban development, population programme, water supply, education , health and nutrition.

However, some points of criticism of the IBRD include that;

i. Its lending procedure is faulty because it lays emphasis on the repaying capacity of the borrowing country before granting any loan.

ii. The conditionalities attached to its loan facilities, especially Structural Adjustment Facility (SAF), Enhanced Structural Adjustment Facility (ESAF) were too harsh for developing member countries.

iii. The loans granted to developing countries so far have not been sufficient to meet their development financial needs.