International Monetary Fund (IMF)
Association / Organization
The International Monetary Fund is a major financial agency of the United Nations, and an international financial institution funded by 190 member countries, with headquarters in Washington, D.C. Wikipedia
Parent organization: United Nations
Founded: July 1944, Bretton Woods, NH
Founders: John Maynard Keynes and Harry Dexter White
Abbreviation: IMF
Budget (2023): $1,295 million: 60
Main organ: Board of Governors
IMF and WorldBank are deepening cooperation to tackle climate change. Our enhanced framework will support countries with policy reforms, technical assistance, ...
The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution funded by 190 member ...
People also ask
What does the IMF do?
The IMF is an organization of 189 member countries that works to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world.
Is IMF good for a country?
According to the IMF itself, it works to foster global growth and economic stability by providing policy advice and financing to its members. It also works with developing countries to help them achieve macroeconomic stability and reduce poverty.
What is the difference between the World Bank and the IMF?
Despite these and other similarities, however, the Bank and the IMF remain distinct. The fundamental difference is this: the Bank is primarily a development institution; the IMF is a cooperative institution that seeks to maintain an orderly system of payments and receipts between nations.
Who runs the IMF?
Managing Director | Kristalina Georgieva |
First Deputy Managing Director | Gita Gopinath |
Deputy Managing Director | Antoinette Sayeh |
Deputy Managing Director | Kenji Okamura |
Deputy Managing Director | Bo Li |
Deputy Managing Director Okamura: High debt at a time of high interest rates means rising debt service costs that constrain fiscal space. Pleased to speak at the IMF’s latest conference on fiscal policy and sovereign debt. Read my speech here: www.imf.org/en/News/…
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Latin America’s prosperity depends on a constructive approach by both the US and China toward peaceful multilateralism, Chile’s Pablo García-Silva writes in F&D magazine. www.imf.org/en/Publi…
12 hours ago
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⏰ Call for Papers for the 12th IMF #StatsForum on Measuring the Implications of Artificial Intelligence on the Economy. Submit before the June 28 deadline and take part in shaping the conversation on AI's transformative potential #IMFData. www.imf.org/en/News/…
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Bringing together 190 member countries to improve lives through global growth and economic stability. ...more ...more imf.organd 7 more links. Subscribe.
The IMF works to help reduce poverty, encourage trade, and promote financial stability and economic growth around the world. It accomplishes this by monitoring ...
The IMF's lending framework for middle-income countries no longer supports debt sustainability and must be reformed, Barbados Prime Minister Mia Amor ...