International Monetary Fund: Difference between revisions

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(IMF).  
(IMF).  


An international organisation created by the Bretton Woods Agreement in 1944 to promote exchange rate stability.  
An international organisation created by the Bretton Woods Agreement in 1944.  


The objectives of the Fund include:
The IMF promotes international financial stability and monetary cooperation.


* provide a forum for cooperation on international monetary problems
 
* facilitate the growth of international trade, thus promoting job creation, economic growth, and poverty reduction;
The responsibilities of the IMF include:
* promote exchange rate stability and an open system of international payments; and
*Oversight of the international monetary system.
* lend countries foreign exchange temporarily, to help them address balance of payments problems.
*Monitoring the economic and financial policies of its member countries, encouraging policies that foster economic stability.
*Providing loans to member countries experiencing actual or potential balance of payments problems.
*Designing economic policies to enable member countries to manage their financial affairs more effectively.


   
   
== See also ==
== See also ==
* [[Bretton Woods Conference]]
* [[Bretton Woods Conference]]
* [[European Union]]
* [[Exchange rate]]
* [[Exchange rate]]
* [[Exchange Rate Mechanism]]
* [[Exchange Rate Mechanism]]
*[[Fund]]
* [[Monetary]]
* [[World Bank]]
[[Category:The_business_context]]
[[Category:Financial_products_and_markets]]

Latest revision as of 21:36, 10 July 2022

(IMF).

An international organisation created by the Bretton Woods Agreement in 1944.

The IMF promotes international financial stability and monetary cooperation.


The responsibilities of the IMF include:

  • Oversight of the international monetary system.
  • Monitoring the economic and financial policies of its member countries, encouraging policies that foster economic stability.
  • Providing loans to member countries experiencing actual or potential balance of payments problems.
  • Designing economic policies to enable member countries to manage their financial affairs more effectively.


See also