Welcome

Presentation on
international monetary
fund

Presented by
Mandavi chauhan
 CONTENTS
 WHAT IS THE IMF.

 CURRENT INFORMATION OF IMF.

 HISTORY OF IMF.

 NEED TO CREAT IMF.

 FUNCTION DEPARTMENT OF IMF

 OBJECTIVE OF IMF

 CONDITIONALITY

 MEMBERSHIP
 What is the IMF
 INTERNATION MONETORY FUND (IMF) is an organization
working to foster global monitory cooperation ,of 189 countries to-

Secure financial Facilitate

international Promote high
stability employment
trade

Sustainable Reduce poverty

economic growth around world

It is an organization formed with a stated objective of stabilizing international exchange

rates and facilitating development.
MANAGING DIRECTOR

On 28 June 2011, Christine

Lagarde was named

managing director of the

IMF, replacing Dominique

Strauss-Kahn.
 History

 In April 1943, Lord keynes evolved a plan for resolving multilateral clearing

of international payment.

 These plan came under the joint scrutiny of America and British govt. in April

1994.

 The plan for IMF was put into final form at a united Nations Conference held

at bretton woods with 45 members

 NEED TO CREAT IMF
 The IMF as conceived in July 1944, when representatives of 45govts. Meeting in the town

Of Bretton Woods, new Hampshire, in the north- eastern United states , agreed on a

framework for international Economic cooperation

 They believed that such a framework was necessary to avoid a repetition of the

disastrous economic policies.

 World trade declined sharply , and employment and living standards plummeted in many

countries.
 Seeking to restore order to international monetary relations, The IMF’s founders charged the

new institution with overseeing the international.

 Monetary system to ensure exchange rate stability and encouraging member countries to

eliminate exchange restriction that hindered trade .

 The IMF came into existence in December 27th, 1945.

 FUNCTION OF IMF

Lending for meeting temporary unfavourable BOP.

Purchase and sale of foreign currency.

Bank of central banks.

Technical assistance.
 Objectives of IMF

I. To promote international monetary cooperation.

II. To facilitate the expansion and balanced growth of International Trade.

III. To promote exchange rate stability.

IV. To make its resources available to its members who are experiencing BOP

problems.

V. To establish a multilateral system of Payments.

 Conditionality

IMF lends to its member countries, ensuring that, members are pursuing

policies that will improve external payment problems.

• Commitment to implement corrective measures.

• To repay in a timely manner.

 Membership

I. The IMF currently has a near-global membership of 189 countries. To become a

member, a country must apply and then be accepted by a majority of the existing

members.

II. Upon joining, each member of the IMF is assigned a quota,based broadly on its

relative size in the world economy.