Social Sciences, asked by Gopal90444, 1 year ago

What is International Monetary Fund and International bank for reconstruction and development ?​

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Answered by archana2025
0

The International Bank for Reconstruction and Development (IBRD) is an international financial institution that offers loans to middle-income developing countries. ... It was established in 1944 with the mission of financing the reconstruction of European nations devastated by World War II.

Parent organization: World Bank Group

Purpose: Development assistance, poverty reduction

Membership: 189 countries

President of the World Bank: Jim Yong Kim

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