Are the IMF and the World Bank considered NGOs or not?

Question

Are the International Monetary Fund and the World Bank considered non-governmental organisations? I'm doing a report on NGOs in Africa and obviously I need to know whether or not I can talk about these two big institutions within this context or not. It's been surprisingly difficult to find information which clearly states one way or another if they are or not.

Answer 1

IMF and World Bank are financial institutions not categorized as NGOs because the latter provides social and educational services in Africa.

Answer 2

No.  The IMF and World Bank are considered Inter-governmental Organizations (IGOs) because their membership is made up of national governments.  NGOs, like Greenpeace or Amnesty International or Oxfam, are non-governmental organizations whose membership is made up of individuals, or other organizations, but not governments.

Answer 3

I believe the only requirement to be an NGO is that they not be controlled by a government. I think the IMF is made up of member states, like the UN, so it is an governmental organization. I'm not so sure about the World Bank. If it's member board made up of governments then it's governmental. Good luck on your paper.

Answer 4

The IMF and World Bank are considered to be IGOs.  They are International-Governmental Organizations.  This is the same as the United Nations, NATO, etc.  They have an official voting structure and system of governance.