explain about establishment of IMF and World Bank
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The International Monetary Fund (IMF) and the World Bank are institutions in the United Nations system. ... Their approaches to this goal are complementary, with the IMF focusing on macroeconomic issues and the World Bank concentrating on long-term economic development and poverty reduction
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Comprised of 189 member countries including the United States, the International Monetary Fund's main mission is to ensure monetary stability around the world. Member countries work together to foster global monetary cooperation, secure financial stability, facilitate international trade, and promote employment and economic growth. It also aims to reduce poverty around the world.
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