Global Economic Organizations Questions
The role of the International Monetary Fund (IMF) in providing financial assistance to countries in need is to act as a lender of last resort. The IMF provides loans and financial support to member countries facing balance of payments problems or experiencing economic crises. This assistance is aimed at helping countries stabilize their economies, restore confidence, and implement necessary economic reforms. The IMF also provides policy advice and technical assistance to help countries improve their economic and financial stability.