Congressional Digest

Congressional Digest April 1998 No. 4 Vol. 77
Other International Financial Institutions

International Monetary Fund

Reassessing the IMF Role in the New World Economy

Other International Financial Institutions

World Bank Group and Asian Development Bank

In addition to the International Monetary Fund, the following international organizations also provide financial assistance to their member countries. World Bank Group The World Bank Group is a partner in opening markets and strengthening economies. The first World Bank loans helped finance the reconstruction of the economies of Western Europe and Japan after World War II. Today, the World Bank lends to the developing countries of Asia, Central Europe, Latin America, the Middle East, and the former Soviet Union. Loans are provided to finance investments and promote economic growth through infrastructure projects, economic reform packages, and technical assistance. The World…

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