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Write down the difference between World Bank and IMF.

WORLD BANK VS IMF - Teachoo.jpg



World Bank and International Monetary Fund(IMF) are called Bretton Wood Twins . These two international organizations are concerned about the economic issues of the globe and focus on strengthening the economic policies of the nations. 

But there are some basic differences between these two institutions.





International Monetary Fund (IMF) is an organization helps to stabilize the global monetary system and functions as a watchdog over the world's currencies.

World Bank international organization established to finance and work with developing nations , in order to make them an economically developed nations.


To address all macroeconomic and financial sector -related challenges.

To encourage the long-term growth of the economy and reduce poverty.

Organizational Structure 

The IMF is governed by  two ministerial committees, the International Monetary and Financial Committee (IMFC) and the Development Committee

It has two important institutions : the I nternational Development Association (IDA) and the International Bank for Reconstruction and Development (IBRD).


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Davneet Singh

Davneet Singh has done his B.Tech from Indian Institute of Technology, Kanpur. He has been teaching from the past 13 years. He provides courses for Maths, Science, Social Science, Physics, Chemistry, Computer Science at Teachoo.