What is the IMF's role in monitoring and surveillance of the global economy?

What is the IMF's role in monitoring and surveillance of the global economy?

The IMF's role in monitoring and surveillance of the global economy is to assess and analyze economic developments and policies of its member countries, as well as the global economic and financial system. It conducts regular surveillance through various mechanisms, such as country-specific Article IV consultations, regional surveillance, and the World Economic Outlook report. The IMF aims to identify potential risks and vulnerabilities, provide policy advice, and promote international cooperation to maintain global economic stability and sustainable growth.