The International Monetary Fund (IMF) monitors the currency exchange rates and trade conditions of countries and provides technical and financial assistance to ensure the normal operation of the global financial system.

The World Bank mainly provides long-term loans to member countries.

2, the main business is different:

The main business activities of the International Monetary Fund include: providing loans to members, promoting international cooperation on monetary issues, studying issues related to the reform of the international monetary system, studying and expanding the role of the Fund, providing technical assistance, and strengthening ties with other international institutions.

The main business of the World Bank is loan projects and non-loan assistance.

3. The purpose of establishment is different:

The International Monetary Fund was established to adjust international monetary relations.

The World Bank is an international financial organization, which mainly coordinates long-term loans and investments to developing countries. Its purpose is to provide long-term loans and investments to developing member countries to promote their economic development and improve their production level.

Connection: Both of them were established at the same time on February 27th, 1945 according to the decision of the Bretton Woods Conference in July, 1944. Headquartered in Washington. Both of these institutions belong to specialized agencies under the United Nations.