The IMF makes loans so that countries can maintain the value of their currencies and repay foreign debt.Countries accumulate foreign debt when they buy more from the rest of the world than they sell abroad.They then need to borrow money to pay the difference,which is known as balancing their payments.After banks and other institutions will no longer lend them money,they turn to the IMF to help them balance their payment position with the rest of the world. The World Bank makes loans to developing countries for dams and other electrical-generating plants,harbor facilities,and other large projects.These projects are intended to lower costs for private businesses and to attract investors.The IMF makes loans so that countries can maintain the value of their currencies and repay foreign debt. Countries accumulate foreign debt when they buy more from the rest of the world than they sell abroad. They then need to borrow money to pay the difference, which is known as balancing their payments. After banks and other institutions will no longer lend them money, they turn to the IMF to help them balance their payment position with the rest of the world. The World Bank makes loans to developing countries for dams and other electrical- generating plants, harbor facilities, and other large projects. These projects are intended to lower costs for private businesses and to attract investors