IMF vs World Bank: What’s the Difference?

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IMF vs World Bank: What’s the Difference? (Explained in 1 Minute)

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🌍 IMF vs World Bank – What’s the Difference?
The International Monetary Fund (IMF) and the World Bank are two major global financial institutions, but they serve very different roles.

🔹 IMF (International Monetary Fund) – Focuses on stabilizing the global monetary system, providing short-term loans to countries in financial crisis, and offering policy advice.
🔹 World Bank – Aims to reduce poverty by funding long-term development projects (like infrastructure, education, and healthcare) in poorer countries.

💡 Key Differences:
✅ IMF = Emergency financial help + economic stability
✅ World Bank = Long-term loans + development projects

📌 Fun Fact: The IMF is like a "financial doctor," while the World Bank is like a "development investor."

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