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What Is The IMF
What Is The IMF
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What is the IMF?
The International Monetary Fund (IMF) is an
international organization established in 1944 to
promote global economic stability and
international monetary cooperation.
History of the IMF
1 Establishment
The IMF was created at the Bretton Woods Conference in 1944.
Executive Board
Responsible for daily operations and includes 24
executive directors.
Managing Director
Leads the organization and is appointed by
the IMF's executive board.
IMF lending programs
Stand-By Arrangements Extended Fund Facility
Short to medium-term assistance to Provides assistance to countries with
countries with balance of payments protracted balance of payments
problems. problems.
Emergency Assistance
Provides rapid financial assistance to countries affected by catastrophic events.
IMF's role in the global economy