WORLD BANK
The International Bank for Reconstruction and Development is also known as the World Bank. The main goal behind this international organization was to help rebuild the economies of war-affected Europe and to assist the development of the world's developing countries.
Objectives of World Bank
• The objectives of the world bank include providing long-term capital to member countries for economic development and reconstruction.
• It helps to guide long-term capital and improve the balance of payments, thereby balancing international trade.
• It ensures that development projects are delivered. Thus it brings transparency to the country from wartime to a peaceful economy.
• It also helps by providing guarantees against loads imposed on large and small units and other projects in the Member States.
• It also encourages capital investment in member countries by providing guarantees for capital investments and loans.
United Nations Human Rights Council: The United Nations Human Rights Council (UNHRC) is a United Nations body whose mission is to promote and protect human rights around the world. The Council has 47 members elected for staggered three-year terms on a regional group basis. The headquarters of the Council are at the United Nations Office at Geneva in Switzerland.
Objectives of UNHRC
• To maintain in place those laws, policies and practices that enhance the enjoyment of the basic human rights;
• To withdraw or suitably amend those measures that are destructive or corrosive of Covenant rights;
• To take appropriate positive action when a state party has failed to act to promote and protect these rights; and
• To consider appropriately the effects in terms of the Covenant of new laws, policies and practices that a state party proposes to introduce in order to ensure that it does not regress in giving practical effect to Covenant rights.
