1.
The International
Monetary Fund is a controller of the world’s monetary system. 1. World Bank is a global financial institution.
2.
The IMF
focuses on bringing economic stability, 2. World Bank laid emphasis on economic
growth of the developing nations.
3.
The size of the World
Bank is more than 3 times larger than the size of the International Monetary
Fund.
4.
The International
Monetary Organization is a unitary organization 4. World Bank is bilateral
organization.
5.
At present there are 188
member countries of the IMF 5. World bank it has 188 member countries of IBRD
and 172 member countries of IDA.
6.
International
Monetary Fund came into existence to provide advice and assistance. 6.
Conversely, the World Bank is created to facilitate lending.
7.
The
major objective of the IMF is to deal with matters related to the financial
sector and macroeconomics. 7. On the other hand, the purpose of the World Bank
is to reduce poverty and to promote economic
development.