What is the IMF's role in supporting economic development in low-income countries?

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What is the IMF's role in supporting economic development in low-income countries?

The IMF's role in supporting economic development in low-income countries is to provide financial assistance, policy advice, and technical assistance to help these countries address economic challenges and achieve sustainable growth. This includes providing loans and grants to support macroeconomic stability, promoting sound economic policies, and assisting with capacity building and institutional reforms. The IMF also works to enhance the global financial system and promote international cooperation to address economic imbalances and reduce poverty in low-income countries.