The International Monetary Fund (IMF) and World Bank are international financial institutions that work to promote global economic growth and reduce poverty. The IMF provides policy advice and financing to member countries facing economic crises, while the World Bank offers loans and grants for development projects. The World Bank comprises the International Bank for Reconstruction and Development and International Development Association - the IBRD provides loans to middle-income countries for projects in areas like infrastructure, while the IDA offers concessional loans and grants to the world's poorest nations. Together with other organizations, the World Bank Group aims to foster sustainable development worldwide.

1. International financial
institution

2. International Monetary Fund
IMF

3. Overview
The IMF works to foster,
 Global growth and economic stability.
 Provides policy advice and financing to
members in economic difficulties.
 Works with developing nations to help them
achieve macroeconomic stability.
 Reduce poverty.

4. Fast Facts on the IMF
 Membership: 188 countries
 Headquarters: Washington, D.C.
 Executive Board: 24 Directors representing
countries or groups of countries
 Staff: Approximately 2,503 from 144
countries
 Total quotas: US$360 billion (as of 3/14/13)

5.  The IMF came into formal existence in
December 1945, when its first 29 member
countries signed its Articles of Agreement.
 It began operations on March 1, 1947. Later
that year, France became the first country to
borrow from the IMF.

6. Original aims
 Promoting international monetary
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cooperation.
Facilitating the expansion and balanced
growth of international trade.
Promoting exchange stability.
Assisting in the establishment of a
multilateral system of payments.
Making resources available (with adequate
safeguards) to members
experiencing balance of payments difficulties.

7. Key IMF activities
 Policy advice to governments and central banks
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based on analysis of economic trends and crosscountry experiences.
Research, statistics, forecasts, and analysis based on
tracking of global, regional, and individual
economies and markets.
Loans to help countries overcome economic
difficulties.
Concessional loans to help fight poverty in
developing countries.
Technical assistance and training to help countries
improve the management of their economies.

8. World Bank
 It provides loans to developing countries for
capital programs.
 The World Bank's official goal is the reduction
of poverty.
 According to its Articles of Agreement (as
amended effective 16 February 1989), all its
decisions must be guided by a commitment
to the promotion of foreign investment and
international trade and to the facilitation of
capital investment.

9. Fast Facts on the World Bank
 Motto: Working for a World Free of Poverty.
 Membership: 188 countries (IBRD)
172 countries (IDA)
 Headquarters: Washington, D.C.
 President:
Jim Yong Kim.
 Purpose/ focus: Crediting.

10.  The World Bank was created at the 1944
Bretton Woods Conference, along with three
other institutions, including the International
Monetary Fund (IMF).
 The World Bank and the IMF are both based
in Washington DC, and work closely with
each other.

11. World Bank comprises two institutions:
1. International Bank for Reconstruction
and Development (IBRD)
2. International Development Association
(IDA).

12. International Development
Association
 Formation:1960
 Type :Development finance institution
 Headquarters :Washington, D.C.
 Membership:172 countries
 President of the World Bank: Jim Yong Kim
 Parent organization: World Bank Group

13.  Offers concessional loans and grants to the
world's poorest developing countries.
 IDA is the single largest provider of funds to
economic and human development projects
in the world's poorest nations.

14. Work Done
 From 2000 to 2010,
 It financed projects which recruited and trained 3
million teachers, immunized 310 million
children, funded $792 million in loans to 120,000
small and medium enterprises,.
 Built or restored of 118,000 kilometers of paved
roads, built or restored 1,600 bridges.
 Expanded access to improved water to 113
million people and improved sanitation facilities
to 5.8 million people.
 The IDA has issued a total $238 billion USD in
loans and grants since its launch in 1960.

15. International Bank for
Reconstruction and Development
 Formation:1944
 Type :Development finance institution
 Headquarters :Washington, D.C.
 Membership:188 countries
 President of the World Bank: Jim Yong Kim
 Parent organization: World Bank Group

16.  Offers loans to middle-income developing
countries.
 It was established in 1944 with the mission of
financing the reconstruction of European
nations devastated by World War II.

17. The IBRD provides concessional financing to sovereign
states to fund projects that seek to,
 Improve transportation and infrastructure,
 Education
 Domestic policy
 Environmental consciousness
 Energy investments
 Healthcare
 Access to food and potable water
 Access to improved sanitation.

18.  The Bank offers , A number of financial services and
products, including flexible loans, grants, risk
guarantees, financial derivatives, and catastrophic
risk financing.
 It reported lending commitments of $26.7 billion
made to 132 projects in 2011

19. World Bank Group V/S World Bank
The World Bank should not be confused with the World
Bank Group, which comprises
 The World Bank
 The International Finance Corporation (IFC)
 The Multilateral Investment Guarantee Agency
(MIGA)
 The International Centre for Settlement of
Investment Disputes (ICSID)

20. International Finance Corporation (IFC
 It is the largest global development institution
focused exclusively on the private sector.
 It helps developing countries to achieve sustainable
growth by financing investment, mobilizing capital
in international financial markets, and providing
advisory services to businesses and governments.

21. The Multilateral Investment Guarantee
Agency (MIGA)
 It was created in 1988 to promote foreign direct
investment into developing countries to support
economic growth, reduce poverty, and improve
people’s lives.
 MIGA fulfills this mandate by offering political risk
insurance (guarantees) to investors and lenders.

22. International Centre for Settlement
of Investment Disputes (ICSID)
 It provides international facilities for conciliation and
arbitration of investment disputes.

23. Collectively, the World Bank Group
is,
 The world’s largest funder of education
 The world’s largest external funder of the fight
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against HIV/AIDS
A leader in the fight against corruption worldwide
A strong supporter of debt relief
The largest international financier of biodiversity
projects
The largest international financier of water supply
and sanitation projects

24. Help Yourself
 http://www.worldbank.org/
 http://en.wikipedia.org/wiki/International_Ba
nk_for_Reconstruction_and_Development
 http://en.wikipedia.org/wiki/International_De
velopment_Association