International Monetary Fund: Difference between revisions

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

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 (IMF).
-An international organisation created by the Bretton Woods Agreement in 1944 to promote exchange rate stability.
+An international organisation created by the Bretton Woods Agreement in 1944.
-The objectives of the Fund include:
+The IMF promotes international financial stability and monetary cooperation.
-* provide a forum for cooperation on international monetary problems
+The responsibilities of the Fund include:
-* facilitate the growth of international trade, thus promoting job creation, economic growth, and poverty reduction;
+*oversight of the international monetary system
-* promote exchange rate stability and an open system of international payments; and
+*monitoring the economic and financial policies of its member countries, encouraging policies that foster economic stability
-* lend countries foreign exchange temporarily, to help them address balance of payments problems.
+*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