What is the IMF's role in promoting economic stability in resource-rich countries?

What is the IMF's role in promoting economic stability in resource-rich countries?

The IMF's role in promoting economic stability in resource-rich countries is to provide policy advice, technical assistance, and financial support to help these countries effectively manage their natural resource wealth. This includes assisting in the development of sound fiscal policies, promoting transparency and accountability in resource revenue management, and encouraging diversification of the economy to reduce dependence on volatile commodity prices. The IMF also works with resource-rich countries to strengthen their institutions, improve governance, and enhance the capacity to manage risks associated with resource wealth.