The International Bank for Reconstruction and Development is also known as the IMF.

Question

Quizplus · Accepted Answer

The International Bank for Reconstruction and Development (IBRD) is a separate institution from the International Monetary Fund (IMF), although both are part of the World Bank Group. The IBRD focuses primarily on lending for development projects, while the IMF focuses on promoting international monetary cooperation and providing financial resources to member countries in need.

The International Bank for Reconstruction and Development Is Also Known