The IMF and World Bank hold their Annual Meetings together each fall in Washington. But do you know the difference between the institutions? CNBC's Elizabeth Schulze explains. ----- Subscribe to us on YouTube: Subscribe to CNBC Life on YouTube: Like our Facebook page: Follow us on Instagram: Follow us on Twitter: ... ( read more )
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The International Monetary Fund (IMF) and the World Bank are two prominent global financial institutions that play crucial roles in the global economy. Although they are often mentioned together, they serve different purposes and carry out distinct functions. In this article, we will explore the differences between these two institutions and explain their roles in the world economy. The IMF, established in 1944, is an organization consisting of 190 mem
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