International Monetary Fund (IMF)&

World Bank

Presented By: Yogesh ChincholeHarander Kumar

Pawan Kumar KhushalYadav

GLOBAL MARKETING

IMF- International Monetary Fund• IMF- International Monetary Fund: Its Purpose• History About IMF Formation: Since 1944• Roles Of IMF:– Tracks global economic trends and performance– Alerts its member countries– Provides a forum for policy dialogue– Provides policy advice and financing to members

• Key IMF activities• Objectives: – To provide the global public good of financial stability– Facilitate the growth of international trade, thus promoting job creation,

economic growth, and poverty reduction– Promote exchange rate stability and an open system of international

payments– Lend countries foreign exchange when needed, on a temporary basis and

under adequate safeguards, to help them address balance of payments problems

IMF- International Monetary Fund

• An Adapting IMF• Execution Of Work By IMF

– Surveillance, – Technical assistance and training, and – Lending.

• Membership• Collaborating with other Organizations• Organizations And Finances

– Management– Staff Of International Civil Servants

External Relations Department

Finance Department

Fiscal Affairs Department

IMF Institute

Legal Department

Monetary and Capital Markets Department

Research Department

Statistics Department

Strategy, Policy, and Review Department

IMF’s 9 Functional Departments

• QUOTAS– Quota reviews– Recent reforms– The Special Drawing Right (SDR)

• GOLD Holdings – Gold and the international monetary system– Use of Gold in the IMF

• Borrowing Agreements• Governance

– Board of Governors– Ministerial Committees– The Executive Board– Governance Reform

• Country Representation• Accountability• Ethics Office And Code Of Conduct

IMF- International Monetary Fund

World Bank

• World bank– The World Bank is an international financial institution that

provides loans to developing countries for capital programs. The World Bank's official goal is the reduction of poverty.

• World Bank History

• Objectives of World bank

Functions/Key Roles of World Bank:

• Granting reconstruction & development loans• Providing loans to governments & private concerns • Promoting foreign investment • Providing technical, economic and monetary advice• Encouraging industrial development

World bank group consists of five closely associated institutions:

• International Bank of Reconstruction and development (IBRD)• International Development Association(IDA)• International Finance Corporation(IFC)• Multilateral Investment Guarantee Agency(MIGA)• International Centre for Settlement of Investment Disputes World bank is basically consist of two of these IBRD & IDA .

World Bank

Difference Between IMF & World Bank The International Monetary Fund World Bank

Oversees the international monetary system Seeks to promote the economic development of the world's poorer countries

Promotes exchange stability and orderly exchange relations among its member countries

Assists developing countries through long-term financing of development projects and programs

Assists all members--both industrial and developing countries--that find themselves in temporary balance of payments difficulties by providing short- to medium-term credits

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)

Draws its financial resources principally from the quota subscriptions of its member countries

Acquires most of its financial resources by borrowing on the international bond market

Has at its disposal fully paid-in quotas now totaling SDR 145 billion (about $215 billion)

Has an authorized capital of $184 billion, of which members pay in about 10 percent

Has a staff of 2,300 drawn from 182 member countries Has a staff of 7,000 drawn from 180 member countries

• Thank you……….