Extract from: http://www.tinyqualityhomes.org/

World Bank is about growth. IMF is about stability. World Bank is for development projects in the developing world. IMF is about balancing the international financial system in both rich and poor countries [Greece is a recent recipient].

World Bank is your gym trainer - provides you stuff to grow strong. IMF is your doctor in emergency ward. They will try to bring you back to life & provide you advice on not eating that fatty food again. World Bank brings no stigma. IMF aid sometimes brings a stigma because it indicates that you have a disease that needs to be cured.

Both the organizations are for governments to borrow. You go to the World Bank when you want to build a dam or power plant or a road. You go to the IMF when you are so bleeped up that your currency is dropping like crazy. IMF comes and usually fixes stuff along with providing a mouthful of advice.

World Bank is a bank. Meaning it borrows money from investors around the world and then lends to the poor governments that are building projects that help them out of poverty.

IMF is a fund. Meaning it has a pool of money given to it by 182 member countries in the past and just lends out of that fund. It doesn't usually borrow new money.

Both IMF and World bank are created after systematically
loot and steal from poor countries by the rich countries, they
are created to have a total grip on world economy.

goldennugget:
World Bank is about growth. IMF is about stability. World Bank is for development projects in the developing world. IMF is about balancing the international financial system in both rich and poor countries [Greece is a recent recipient].

World Bank is your gym trainer - provides you stuff to grow strong. IMF is your doctor in emergency ward. They will try to bring you back to life & provide you advice on not eating that fatty food again. World Bank brings no stigma. IMF aid sometimes brings a stigma because it indicates that you have a disease that needs to be cured.

Both the organizations are for governments to borrow. You go to the World Bank when you want to build a dam or power plant or a road. You go to the IMF when you are so bleeped up that your currency is dropping like crazy. IMF comes and usually fixes stuff along with providing a mouthful of advice.

World Bank is a bank. Meaning it borrows money from investors around the world and then lends to the poor governments that are building projects that help them out of poverty.

IMF is a fund. Meaning it has a pool of money given to it by 182 member countries in the past and just lends out of that fund. It doesn't usually borrow new money.

If you want great finance ministers, take from the IMF. They have a depth of practical knowledge in fixing and managing economies.

The World Bank is better in caretaking. That is why Okonjo Iweala did not perform so well.

Both IMF and World bank are created to systematically
loot and steal from poor countries by the rich countries(African countries), they
are created to have a total grip on world economy. They are also

skies:
Both IMF and World bank are created after systematically
loot and steal from poor countries by the rich countries, they
are created to have a total grip on world economy.

This is the exact truth.