Los 16.c

Question 1

What are the main goals of the International Monetary Fund (IMF)?

Answer 1

The International Monetary Fund (IMF) is an international organization that aims to stabilize the global economy. Its main goals are:

Promote international monetary cooperation to foster global economic stability.

Facilitate the expansion and balanced growth of international trade.

Promote exchange stability, reducing the likelihood of currency and financial crises.

Assist in establishing a multilateral system of payments to ease international transactions.

Provide resources to members experiencing balance of payments difficulties, ensuring economic stability in times of financial trouble (with adequate safeguards).

Question 2

**What are the main goals of the World Bank?

Answer 2

The World Bank is an international financial institution that provides financial and technical assistance to developing countries. Its mission is to reduce poverty and promote sustainable development. The main goals of the World Bank include:

Offering low-interest loans, interest-free credits, and grants to support countries’ investments in education, health, infrastructure, and economic development.

Reducing poverty by focusing on middle-income countries through the International Bank for Reconstruction and Development (IBRD).

Targeting the world’s poorest countries through the International Development Association (IDA).

Sharing knowledge, building capacity, and forging partnerships to promote inclusive and sustainable globalization.