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INTERNATIONAL MONETARY FUND

The IMF is a global organization that works to achieve sustainable growth and prosperity for all of its 191 member countries. It does so by supporting economic policies that promote financial stability and monetary cooperation, which are essential to increase productivity, job creation, and economic well-being. The IMF is governed by and accountable to its member countries.

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    How is the IMF organized?

    At the top of its organizational structure is the Board of Governors, consisting of one governor (usually the minister of finance or the governor of the central bank) and one alternate governor from each member country. All powers of the IMF are vested in the Board of Governors. The day-to-day work of the IMF is overseen by its 25-member Executive Board, which represents the entire membership and is supported by IMF staff. The Managing Director is the head of the IMF staff and Chair of the Executive Board and is assisted by four Deputy Managing Directors. The IMF has 18 departments that carry out its country, policy, analytical, and technical work.  

    PUBLICATIONS

    What does the IMF do?

    1

    POLICY ADVICE

    Monitoring economic and financial developments and advising countries.

    2

    FINANCIAL ASSISTANCE

    Loans and other financial aid to member countries..

    3

    CAPACITY DEVELOPMENT

    Technical assistance and training to help governments to implement sound economic policies.

    4

    Recovery & Resolution

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    Accountability

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    IMF Integrity Hotline

    +1 800 548 5384

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    INDEPENDENT

    EVALUATION OFFICE

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    CORPORATE

    RESPONSIBILITY

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    IMF GIVING

    TOGETHER

    How is the IMF financed?

    The IMF's resources mainly come from the money that countries pay as their capital subscription (quotas) when they become members. Each member of the IMF is assigned a quota, based broadly on its relative position in the world economy. Countries can then borrow from this pool when they fall into financial difficulty..
    Issues The IMF Focus On

    Fiscal Policy

    Fiscal policy is the use of government spending and taxation to influence the economy. The IMF monitors and analyzes global fiscal trends and advises IMF member countries on fiscal issues directly.

    Sovereignty Debt

    The ability to carry debt varies widely among countries. Debt vulnerabilities have increased especially in low-income countries and some emerging market economies.

    Trade

    Open, stable, and transparent trade policies are key for economic growth and resilience and for addressing key global challenges, including climate change, food security, and underdevelopment.

    Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT)

    Effective anti-money laundering and combating the financing of terrorism (AML/CFT) policies and measures are key to the integrity and stability of the international financial system and member countries’ economies.

    Fragile and Conflict-Affected States (FCS)

    The IMF's Fragile States Strategy aims to provide robust, well-tailored, and longer-term support to help these vulnerable countries achieve macroeconomic stability, strengthen resilience, promote sustainable and inclusive growth, and exit fragility.

    Digital Payments and Finance

    Financial technology—fintech—opens opportunities to boost economic growth, especially for financial inclusion, but policymakers must also address the risks. Read the latest IMF research on these issues, including the future of digital currencies.

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