Introduction:
The World Bank Group is an international financial institution that provides loans and grants to the governments of low- and middle-income countries for the purpose of pursuing capital projects. It consists of several institutions that work together to achieve their shared goals.

The World Bank Group:
The World Bank Group comprises several institutions, each with its own specific role and focus. These institutions include:

1. International Development Association (IDA):
- The International Development Association (IDA) is a part of the World Bank Group and focuses on providing interest-free loans and grants to the world's poorest countries.
- It helps these countries implement development projects and programs that address poverty, promote economic growth, and improve living conditions.

2. International Monetary Fund (IMF):
- The International Monetary Fund (IMF) is not a part of the World Bank Group.
- It is a separate international organization that works to promote global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world.
- The IMF provides financial assistance and policy advice to its member countries, particularly during times of economic crisis.

3. International Finance Corporation (IFC):
- The International Finance Corporation (IFC) is a part of the World Bank Group and focuses on promoting private sector investment in developing countries.
- It provides financing, advisory services, and technical assistance to help businesses in these countries grow and create jobs, while also addressing environmental and social challenges.

4. Multilateral Investment Guarantee Agency (MIGA):
- The Multilateral Investment Guarantee Agency (MIGA) is a part of the World Bank Group and focuses on promoting foreign direct investment (FDI) in developing countries.
- It provides political risk insurance and credit enhancement products to investors and lenders, thereby helping to mobilize private capital for development projects.

Conclusion:
Among the institutions mentioned, the International Monetary Fund (IMF) is not a part of the World Bank Group. While both the World Bank Group and the IMF work towards promoting global economic stability and development, they are separate entities with different roles and functions.