International Monetary Fund

(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

• Bretton Woods Conference
• European Union
• Exchange rate
• Exchange Rate Mechanism
• Fund
• Monetary
• World Bank