World Bank & International Monetary Fund (IMF)

Perbezaan Antara World Bank & International Monetary Fund (IMF)

World Bank

1. seeks to promote the economic development of the world’s poorer countries
2. assists developing countries through long-term financing of development projects and programs
3. provides to the poorest developing countries whose per capita GNP is less than $865 a year special financial assistance through the International Development Association (IDA)
4. encourages private enterprises in developing countries through its affiliate, the International Finance Corporation (IFC)
5. acquires most of its financial resources by borrowing on the international bond market
6. has an authorized capital of $184 billion, of which members pay in about 10 percent
7. has a staff of 7,000 drawn from 180 member countries

From Wikipedia, the free encyclopedia World Bank

The World Bank is an international financial institution that provides loans[2] to developing countries for capital programmes.

The World Bank's official goal is the reduction of poverty. By law,[which?] all of its decisions must be guided by a commitment to promote foreign investment, international trade and facilitate capital investment.[3]

The World Bank differs from the World Bank Group, in that the World Bank comprises only two institutions: the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA), whereas the latter incorporates these two in addition to three more:[4] International Finance Corporation (IFC), Multilateral Investment Guarantee Agency (MIGA), and International Centre for Settlement of Investment Disputes (ICSID).
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International Monetary Fund

1. oversees the international monetary system
2. promotes exchange stability and orderly exchange relations among its member countries
3. assists all members–both industrial and developing countries–that find themselves in temporary balance of payments difficulties by providing short- to medium-term credits
4. supplements the currency reserves of its members through the allocation of SDRs (special drawing rights); to date SDR 21.4 billion has been issued to member countries in proportion to their quotas
5. draws its financial resources principally from the quota subscriptions of its member countries
6. has at its disposal fully paid-in quotas now totaling SDR 145 billion (about $215 billion)
7. has a staff of 2,300 drawn from 182 member countries

From Wikipedia, the free encyclopedia 

The International Monetary Fund (IMF) is an organization of 187 countries, working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world.[1] The organization's stated objectives are to promote international economic cooperation, international trade, employment, and exchange rate stability, including by making resources available to member countries to meet balance of payments needs.[2] Its headquarters are in Washington, D.C

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