What is the International Monetary Fund (IMF) and what is its role in the global economy?

United Nations And Its Agencies Questions



77 Short 62 Medium 48 Long Answer Questions Question Index

What is the International Monetary Fund (IMF) and what is its role in the global economy?

The International Monetary Fund (IMF) is an international organization that aims to promote global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world. Its primary role in the global economy is to provide financial assistance and policy advice to member countries facing economic difficulties, helping them stabilize their economies and restore growth. The IMF also monitors global economic developments, provides economic research and analysis, and promotes international monetary cooperation to maintain stability in the international financial system.