Which are the two international agencies which provide financial assistance to countries in need?
Which are the two international agencies which provide financial assistance to countries in need?
The correct option is B IMF and IBRD
The International Monetary Fund and the World Bank are
institutions in the United Nations system. They share the same goal of raising
living standards in their member countries. 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.
The International Bank for Reconstruction and Development
was created in 1944 to help Europe rebuild after World War II. Today, IBRD
provides loans and other assistance primarily to middle income countries. IBRD
is the original World Bank institution. It works closely with the rest of the
World Bank Group to help developing countries reduce poverty, promote economic
growth, and build prosperity.
The International Monetary Fund and the World Bank are institutions in the United Nations system. They share the same goal of raising living standards in their member countries. 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.
The International Bank for Reconstruction and Development was created in 1944 to help Europe rebuild after World War II. Today, IBRD provides loans and other assistance primarily to middle income countries. IBRD is the original World Bank institution. It works closely with the rest of the World Bank Group to help developing countries reduce poverty, promote economic growth, and build prosperity.
