International Financial Institutions (IFIs)

International Financial Institutions (IFIs) are organizations that provide financial support and guidance to countries, especially those facing economic difficulties. They help with funding for development projects, such as infrastructure, education, and healthcare, aimed at improving living standards. Key examples include the World Bank and the International Monetary Fund (IMF). IFIs also offer expertise and policy advice to help nations strengthen their economies and manage financial challenges. By promoting economic stability and development, IFIs play a crucial role in the global economy, fostering cooperation among countries and supporting sustainable growth.