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International Monetary Fund (IMF)

06-DEC-2014 12:56

    Overview

    The International Monetary Fund works to promote economic stability and global growth. It provides financing and policy advice to members in economic complexities & also works with developing nations to assist them attain macro-economic stability & decrease poverty.

    What we do?

    The International Monetary Fund endorses exchange rate stability, international monetary cooperation, assists the balanced growth of international trade, and proffers resources to assist members in balance of payments difficulties or to help with poverty diminution. 

    Membership

    The International Monetary Fund has 188 member countries. It is a focused agency of the UN but has its own charter, finances and governing structure. Its members are symbolized through a quota system generally based on their comparative size in global economy. 

    How we do it?

    In the course of its economic surveillance, the International Monetary Fund keeps track of economic health of its member countries, making them aware of the risks on the horizon & providing policy advice. It also lends to nations at the time of difficulty, and offers technical assistance & training to assist countries perk up economic management. This work is backed by International Monetary Fund research & statistics. 

    Teaming up with others

    The International Monetary Fund works with other international organizations to encourage growth & poverty reduction. It also networks with think tanks, media and civil society on a daily basis.

     

    Source: http://www.imf.org/

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