The correct answer is 1944. The Bretton Woods Conference, officially known as the United Nations Monetary and Financial Conference, was a gathering of delegates from 44 nations that met from July 1 to 22, 1944 in Bretton Woods, New Hampshire (USA), to agree upon a series of new rules for international financial and monetary order after the conclusion of World War II. The two major accomplishments of the conference were the creation of theInternational Bank for Reconstruction and Development (IBRD)International Monetary Fund (IMF). Founded in 1944, the International Bank for Reconstruction and Development (IBRD) ” soon called the World Bank ” has expanded to a closely associated group of five development institutions. Additional InformationIDA (International Development Association)Established in 1960, IDA aims to reduce poverty by providing loans (called œcredits) and grants for programs that boost economic growth, reduce inequalities, and improve peoples living conditions. IDA complements the World Banks original lending arm”the International Bank for Reconstruction and Development (IBRD). IBRD and IDA share the same staff and headquarters and evaluate projects with the same rigorous standards.