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14-04-2021

International Monetary Fund (IMF)

What is IMF?

The International Monetary Fund is an international financial institution that helps facilitate international trade, maintain financial stability, and seek global monetary cooperation.

More about GST

Compromised of 190+ member countries, the IMF is headquartered in the Washington D.C. and primarily focuses on overseeing fixed exchange rates, providing short-term capital aid for balance-of-payments, and provide capital investments for economic growth. Recent notable achievements include its role in aiding the 1997 Korean Financial Crisis, the 2001 Argentinian Financial Crisis, and even the most recent coronavirus emergency.

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