International Monetary Fund: Difference between revisions
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imported>Doug Williamson m (Updated entry with information from website http://www.imf.org/external/about/whatwedo.htm) |
imported>Doug Williamson (Updated purpose and responsibilities to align with IMF website: Source: http://www.imf.org/external/about.htm) |
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(IMF). | (IMF). | ||
An international organisation created by the Bretton Woods Agreement in 1944 | An international organisation created by the Bretton Woods Agreement in 1944. | ||
The | The IMF promotes international financial stability and monetary cooperation. | ||
* | The responsibilities of the Fund 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 | |||
Revision as of 09:28, 21 January 2016
(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 Fund 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