- IMF (International Monetary Fund):
- To monitor exchange rates.
- To lend reserve currencies to nations with trade deficits.
- To promote international monetary cooperation.
- To assist member countries with Balance of Payment problems.
- World Bank (International Bank for Reconstruction and Development - IBRD):
- To help in the reconstruction of nations devastated by World War II.
- Later shifted focus to development in middle-income and poorer countries.
- To promote sustainable, equitable, and job-creating growth.