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It provides advice to its 190 member countries, encouraging them to adopt policies that foster economic stability, reduce their vulnerability to economic and financial crises, and raise living standards. The IMF also serves as a forum where its global membership can discuss the national, regional, and global consequences of their policies. The IMF makes financing temporarily available to member countries to help them address balance of payments problems—that is, when they find themselves short of foreign exchange to meet their payments to other countries. Finally, the IMF provides countries with training to help them build the expertise and institutions they need for economic stability and growth. Supporting all of these activities is the institution's work in economic research and statistics." 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International Monetary Fund

Location

District of Columbia

Founded

1947-02-28

Website

https://www.imf.org

Articles

1494 Articles

Category

Libraries

Description

The International Monetary Fund has a key position in promoting the health of the world economy. Established in 1944 as a part of the United Nations system, the IMF's primary purpose is to ensure the stability of the international monetary system—the system of exchange rates and international payments that enables countries and their citizens to buy goods and services from each other. This is essential for sustainable economic growth and rising living standards. To maintain stability and prevent crises in the international monetary system, the IMF conducts surveillance of national, regional, and global economic and financial developments. It provides advice to its 190 member countries, encouraging them to adopt policies that foster economic stability, reduce their vulnerability to economic and financial crises, and raise living standards. The IMF also serves as a forum where its global membership can discuss the national, regional, and global consequences of their policies. The IMF makes financing temporarily available to member countries to help them address balance of payments problems—that is, when they find themselves short of foreign exchange to meet their payments to other countries. Finally, the IMF provides countries with training to help them build the expertise and institutions they need for economic stability and growth. Supporting all of these activities is the institution's work in economic research and statistics.

Articles

IMF: Agricultural growth will be 2.8 percent for the year

2024-04-11 (kvf.fo)

IMF: Agricultural growth will be 2.8 percent for the year

The growth in the world is reduced after the fig crisis, which happened in 2008

Read more
The economic crisis in Turkey affects the world! Shocking report from IMF

2024-04-09 (kocaeligazetesi.com.tr)

The economic crisis in Turkey affects the world! Shocking report from IMF

According to a report prepared by the International Monetary Fund (IMF), domestic economic shocks in G20 developing economies, including Turkey, are increasingly affecting world growth.

Read more
World Bank asks Pakistan to adopt National Fiscal Policy amid bailout talks with IMF

2024-04-08 (theprint.in)

World Bank asks Pakistan to adopt National Fiscal Policy amid bailout talks with IMF

Islamabad[ Pakistan], April8( ANI): Amid the staggering economic crisis in Pakistan, the World Bank has asked Islamabad to adopt a national fiscal policy by aligning federal and provincial spending with constitutional mandates, merge various federal and provincial revenue agencies into a single

Read more
Ghana Government Spending Has Remained Within Budget Limits- IMF

2024-04-01 (mybrytfmonline.com)

Ghana Government Spending Has Remained Within Budget Limits- IMF

Ghana Government Spending has remained within budget limits, while the authorities have significantly expanded social protection programs to help mitigate the impact of the crisis on the most vulnerab

Read more
IMF Chief Urges China To Boost Growth With pro-market Reforms - UrduPoint

2024-03-24 (urdupoint.com)

IMF Chief Urges China To Boost Growth With pro-market Reforms - UrduPoint

The head of the International Monetary Fund on Sunday called on China to implement a comprehensive package of pro-market reforms to boost a sluggish economy beset by a housing market crisis, low domestic demand and persistently high youth unemployment. Chinese policymakers have ..

Read more
IMF says the economic situation in debt-stricken Sri Lanka is gradually improving - KTVZ

2024-03-21 (ktvz.com)

IMF says the economic situation in debt-stricken Sri Lanka is gradually improving - KTVZ

BHARATHA MALLAWARACHI Associated Press COLOMBO, Sri Lanka (AP) — The International Monetary Fund says that economic situation in debt-stricken Sri Lanka has started to gradually improve following its worst economic crisis two years ago.

Read more
IMF: St Kitts and Nevis continues to recover from pandemic and cost of living crisis - WIC News

2024-03-05 (wicnews.com)

IMF: St Kitts and Nevis continues to recover from pandemic and cost of living crisis - WIC News

The International Monetary Fund (IMF) sent a mission to St Kitts and Nevis for the 2024 Article IV consultation, under the leadership

Read more
Good for Bitcoin? IMF official warns of new banking crisis

2024-03-04 (crypto-insiders.nl)

Good for Bitcoin? IMF official warns of new banking crisis

A former official of the International Monetary Fund (IMF) believes that the US central bank is preparing for a new banking crisis

Read more
Fitch upgrades Pakistan's sovereign rating to CCC after IMF deal

2023-07-10 (reuters.com)

Fitch upgrades Pakistan's sovereign rating to CCC after IMF deal

Fitch credit rating agency on Monday upgraded Pakistan's long-term foreign currency issuer default rating to CCC from CCC-, a positive sign for a country reeling under its worst economic crisis.

Read more

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