| Iran joined the World Bank in 1945. Since then, the focus of World Bank assistance has been to foster sustainable economic growth and reduce poverty in the country. World Bank Country Assistance In April 2001, the World Bank adopted an Interim Assistance Strategy for Iran. The Strategy was developed in close partnership with the Government of Iran and serves as a roadmap for World Bank assistance to the country. This Interim Assistance Strategy for Iran seeks to update on the current development situation in Iran, report on the progress of the process of reforms, and highlight the development challenges and prospects faced by the country. It outlines the assistance strategy that the Bank Group will follow while preparing a Country Assistance Strategy (CAS). More on the World Bank's Country Interim Assistance Strategy for Iran
Loans and Grants As of August 2006, the World Bank has financed 48 operations in the country for a total original commitment of US$3,413 million. The current portfolio, as of August 2006, in Iran comprises nine active investment projects.
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