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What is the difference between the IMF and World bank?


Kamendra kumar 21st Nov, 2022
Answer (1)
Kamendra kumar 21st Nov, 2022

The major difference between the World Bank and IMF is that the World bank works with developing countries and aims to reduce poverty and enhance shared prosperity whereas the international monetary fund aims to stabilize the international monetary system and act as a monitor for a world currency. The world bank is larger than the IMF. The size of the planet bank is three times larger than the IMF.

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