Role of World Bank and International Monetary Fund

Role of the World Bank:

1. Development Financing: The World Bank provides financial resources, loans, grants, and technical assistance to developing countries for projects that promote economic development, poverty reduction, and infrastructure improvement.

2. Poverty Alleviation: The World Bank focuses on reducing global poverty by supporting projects that address education, healthcare, sanitation, and other basic needs in low-income countries.

3. Infrastructure Projects: It funds and advises on large-scale infrastructure projects such as roads, bridges, energy, and water supply systems to boost economic growth and improve living conditions.

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