IMF Promotes Global Economic Stability
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The document summarizes the International Monetary Fund (IMF), including its creation, mandate, functions, governance, and lending policies. The IMF was established in 1944 at the United Nations Monetary and Financial Conference to promote international monetary cooperation and stability. It monitors global economic and financial conditions and provides loans to countries experiencing economic difficulties to help stabilize their economies. The IMF is governed by a Board of Governors and Executive Board and supports members through surveillance, technical assistance, and financial assistance programs.
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IMF Promotes Global Economic Stability
- 1. IMF INTERNATIONAL MONETARY FUND
Editor's Notes
- 8 countries have their own Executive Directors: China, France, Germany, Japan, Russia, Saudi Arabia, U.K., U.S.A. Countries decide who will represent them.