International Monetary Fund (IMF): Formulating and supervising exchange rate policies, current account payments and currency convertibility rules among member countries; Provide emergency financing to member countries with balance of payments difficulties when necessary to avoid other countries being affected by it; To provide a place for international monetary cooperation and consultation among member countries. Promoting international cooperation in the financial and monetary fields; Promote the pace of international economic integration; Maintain the international exchange rate order; Assist in establishing a normal multilateral payment system among member States.
The International Monetary Fund is mainly responsible for international monetary affairs, and its main task is to provide short-term foreign exchange funds to member countries to solve the temporary imbalance of international payments, thereby canceling foreign exchange controls and promoting exchange rate stability and international trade expansion. The World Bank is mainly responsible for economic revival and development, and provides medium and long-term loans to member countries for economic development.