International Monetary Fund
From ACT Wiki
(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
