IMF - History & Facts About The International Monetary Fund (IMF) - Bundles Of Knowledge

The International Monetary Fund (IMF)
The International Monetary Fund (IMF) is an organization of 190 countries, working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world. Browse alphabetically.

What do the IMF do?
The IMF monitors the international monetary system and global economic developments to identify risks and recommend policies for growth and financial stability. The Fund also undertakes a regular health check of the economic and financial policies of its 190 member countries.

Who funds the IMF?
IMF funds come from three sources: member quotas, multilateral and bilateral borrowing agreements. Member quotas are the primary source of IMF funding. A member country's quota reflects its size and position in the world economy. Read more on how the IMF regularly reviews quotas.

Why is IMF important?
The IMF promotes global macroeconomic and financial stability and provides policy advice and capacity development support to help countries build and maintain strong economies.

Why does IMF give loans?
IMF financing is meant to help member countries tackle balance of payments problems, stabilize their economies, and restore sustainable economic growth. Unlike development banks, the IMF does not lend for specific projects.

IMF - History & Facts About The International Monetary Fund (IMF) - Bundles Of Knowledge

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