Introduction to International Monetary Fund (IMF) and World Bank (WB)

1. Presenters: Sehrish Shehzad
Mehwish Mirza

2. Presenter: Sehrish Shehzad

3.  What is IMF All About?
 Organization And Its Purpose
 Data Dissemination Systems
 General Data Dissemination System
 Special Data Dissemination Standard
 Membership Qualifications
 Members Quotas, Voting Powers and Board
Of Governors

4.  Assistance and Reforms
 IMF/World Bank Support Of Military
Dictatorships
 Criticism
 Impact On Access To Food
 Impact On Public Health
 Impact On Environment

5.  Criticism From Free Market Advocates
 Surveillance
 Lends
 Technical Assistance
 When can a country borrow from the IMF?
 The process of IMF lending
 Conditionality
 Difference between the IMF and World Bank.

6. Presenter: Mehwish Mirza

7. The World Bank is an international
financial institution that provides financial and
technical assistance to developing countries for
development programs with the stated goal of
reducing poverty.

8.  President: Robert B. Zoellick
 Membership: 185 countries
 Affiliates: IFC, MIGA, ICSID
 Headquarters: Washington, DC
 Established: July 1,1944

9.  Provide assistance to developing and
transition countries
 Promote the economic development of the
world's poorer countries
 Finance the poorest developing countries
whose per capita GNP is less than $865 a year
special financial assistance through the
International Development Association (IDA)

10.  Agriculture and Rural  Macroeconomic and Economic
Development Growth
 Conflict and Development  Mining
 Development Operations and  Poverty Reduction
Activities  Poverty
 Economic Policy  Private Sector
 Education  Public Sector Governance
 Energy  Rural Development
 Environment  Social Development
 Financial Sector  Social Protection
 Gender  Trade
 Governance  Transport
 Health, Nutrition and Population  Urban Development
 Industry  Water Resources
 Information and Communication  Water Supply and Sanitation
Technologies
 Information, Computing and
Telecommunications
 International Economics and Trade
 Labor and Social Protections
 Law and Justice

11.  Fund generation
 Loans
 Grants
 Advisory Services
 Capacity building

12.  IBRD The International Bank of
Reconstruction and Development
 IDA International Development
Association
 IFC International Finance Corporation
 MIGA Multilateral Investment Guarantee
Agency
 ICSID International Center For Settlement
Of Investment Disputes

13.  Maturity period 20 years
 Grace period 5 years
 Grants 30%
 Interest rate 6%

14.  It was started to reduce poverty but it support
United States’ business interests.
 The President of the Bank is always a citizen
of the United States.
 Lack transparency to external publics.
 It is an instrument for the promotion of U.S.
or Western interests.
 The decision-making structure is
undemocratic.

15.  Sustaining high and broad based growth and
improving competitiveness
 Improving governance
 Lives and protecting the vulnerable

16.  World Bank is the largest source of finance in
Education.
 World Bank is one of the largest financier in its war
with HIV/AIDS
 They have led the world in the fight for corruption
 They provide the strongest debt relief to the heavily
indebted countries in the world.
 They are helping in bringing the basic amenities to
the poor people.
 The World Bank has helped countries to be free
from and conflicts Last but not the least, the World
Bank answers the pains of the poor.