What is the difference between the World Bank Group and the IMF? Founded at the Bretton Woods conference in 1944, the two institutions have complementary missions. The World Bank Group works with ...

Investopedia / Zoe Hansen The World Bank Group is an international development bank with a mission to reduce global poverty by providing financial assistance and advice to member countries.

Washington, DC: The World Bank Group (WBG) and the International Monetary Fund (IMF) are deepening their cooperation through an enhanced framework to help countries scale up action to confront the ...