![]() And as a long-term partner, we step up our support to all MICs in times of crisis. We are also expanding capacity to help countries dealing with fragility and conflict situations. We place special emphasis on supporting lower-middle-income countries as they move up the economic chain, graduating from IDA to become clients of IBRD. ![]() We partner with countries as challenges emerge and evolve, through innovative financial products and a wide range of global forums.Ībove all, we help ensure that progress in reducing poverty and broadening prosperity can be sustained.Our strategic advice helps governments reform to improve services, encourage more private investment, and innovate and share solutions.We provide a combination of financial resources, knowledge, and technical services.The World Bank is an essential partner to MICs, which represent more than 60% of IBRD’s portfolio. And limited access to private finance makes these countries vulnerable to economic shocks and the crises that cross borders, including climate change, forced migration, and pandemics. Many are making rapid economic and social progress, and they play an ever larger role in finding solutions to global challenges.īut MICs also have more than 70% of the world’s poor people, often in remote areas. ![]() These countries are major drivers of global growth, home to major infrastructure investments, and recipients of a large share of exports from advanced economies and poorer countries. The World Bank Group engages with middle-income countries (MICs) both as clients and shareholders.
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