What is IMF Its Aims and Objectives | What is IMF and How it Works | International Organizations
IMF its Aims and Objectives explained | What is IMF and How it Works | International Organizations .
The International Monetary Fund is a major financial agency of the United Nations, and an international financial institution, headquartered in Washington, D.C., consisting of 190 countries.
The IMF monitors the international monetary system and global economic developments to identify risks and recommend policies for growth and financial stability. The Fund also undertakes a regular health check of the economic and financial policies of its 190 member countries.
DIFFERENCE BETWEEN WORLD BANK AND IMF
Their approaches to achieving this shared goal are complementary: the IMF focuses on macroeconomic and financial stability while the World Bank concentrates on long-term economic development and poverty reduction.
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