Imf & World Bank Explorer)

8/14/2019 Imf & World Bank Explorer)

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A presentation on-

IMF and WORLD BANKThis presentation is prepared for-

Mehedi Hasan Md. Hefjur RahmanAssociate Professor

Business Administration Discipline

Khulna University


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Prepared by

Name ID

Abdur Rakib Akon 070305

Reza Al Saad 070312

Md. Masrul Mollah 070314

Md. Nazmul Huda 070323

-Group Name

EXPLORER


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INTERNATIONAL MONETARYFUND


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What is IMF?

The International Monetary Fund (IMF) is aninternational organization that oversees the globalfinancial system by following the macroeconomicpolicies of its member countries, in particularthose with an impact on exchange rates and the

balance of payments. It works mainly forstabilizing international exchange rates andfacilitating development. It offers loans mainly topoorer countries. Its headquarters are located inWashington, D.C., United States.


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Objectives of IMF

To promote exchange stability to assist in theestablishment of a multilateral system ofpayments

Working to foster global monetary cooperation.

Secure financial stability.

Facilitate international trade.

Promote high employment.

To achieve sustainable economic growth.

To reduce poverty.


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Structure of IMF

,Directors are appointed by the five members with the largest quotas nineteen Ex

The International MonetaryFund was created in July 1944

The IMF is now an organizationof 186 countries

Staff: Approximately 2,600 from110 countries

Managing Director: DominiqueStrauss-Kahn

Governing Bodies: Board of

Governors, InterimCommittee, Executive Board

Total Quotas: SDR 145 billion(US $195 billion)

Accounting Unit: Special


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Contribution of IMF to DevelopingNations like BANGLADESH

Involvement in various monetary functions inBangladesh.

Over 22.5crore loan work in process.

IMF is trying to increase market growth from 5.3

to 5.6 Last PRSP guidance before rejection made a

limited growth in GDP from 5.45 to 5.48


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WORLD BANK


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What is World Bank?

International financial institution providingleveraged loans to poorer countries for capitalprograms.

Comprises only two institutions: InternationalBank for Reconstruction and Development

(IBRD) and International DevelopmentAssociation (IDA).

Goal of reducing poverty.


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Objectives of IMF

A facilitator role in post-war reconstruction. Develop its current mandate to alleviate

worldwide poverty.

Reconstruction remains a top priority in suchsituations as:

Natural disasters.

Needs affecting developing economies.

Post conflict rehabilitation.

Needs affecting a transitioning economy.


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Contribution of World Bank toDeveloping Nations like BANGLADESH

Have long been partners in development since1972.

Partnership with the Government of Bangladeshto assist the country in attaining itsdevelopment goals of reducing poverty and

improving the lives of people. The World Bank also works closely with other

development partners, non governmentorganizations, civil society, academia and mostimportantly the local stakeholders.

Supports Bangladesh to increase ReliableEnergy (recent project).


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Difference between The World Bank &The International Monetary Fund

There is a major difference that World Bankprovide a long term loan for distressedeconomy and member countries where as IMFgrants the short term loans to develop thecyclical disturbance in economy.

By principle, the IMF concerns itself withmacroeconomics issues, such as balance ofpayment issues, international trade policy, andexchange rates.

But the World Bank deals with issues morerelated to structure within a country, such ashow and what the government spends moneyon, financial institutions, labor markets andtrade policies.


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THANK YOU

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Imf & World Bank Explorer)