The International Monetary Fund (IMF) is an international organization headquartered in Washington, D.C., of 189 countries. Each country or region is represented by a member on the Fund's Executive Board and numerous staff members. They work to foster global monetary cooperation by means of standardizing global financial relations and exchange rates.
The IMF main function is to oversee the international monetary and financial system and monitor the economic and financial policies of its member countries. This activity is known as surveillance and facilitates international cooperation. While the IMF sets standards for the global economy and monitors the financial communications between countries, it also helps those countries in need by lending them the money necessary to turn their economy around and rebuild their financial structure. Countries contribute to a pool from which countries in need can borrow as a short-term loan. If a country has a balance of payments deficit, the IMF can step in to fill the gap. It serves as a council and adviser to countries attempting a new economic policy.
Ukraine war briefing: G7 finance chiefs threaten further sanctions on Russia - The Guardian
G7 finance chiefs condemned what they called Russia's 'continued brutal war' against Ukraine and said that if efforts to achieve a ceasefire failed, ...
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NJ Transit's finances don't make for easy viewing - NJ Spotlight News
The NJ Transit strike was tentatively settled. But the financial outlook for NJ's largest bus and rail system is still down.
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Targeted subsidies can strengthen nation's finances | FMT - Free Malaysia Today
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Restoring stability at forefront of G7 finance ministers' meeting in Alberta - YouTube
Finance Minister François-Philippe Champagne says there's a sense of unity after emerging from a summit with his G7 counterparts.
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India's Forex Reserves Steady As Companies Reveal Key Financials - Finimize
India's $690.62 billion in forex reserves shows economic resilience as major firms like JSW Steel and Aditya Birla unveil earnings insights.
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Vantage Showcases Global Expertise at Forex Traders Summit Dubai 2025
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Vantage Showcases Global Expertise at Forex Traders Summit Dubai 2025 - PR Newswire
PRNewswire/ -- Vantage Markets capped off a standout appearance at the Forex Traders Summit Dubai 2025 as an official partner, ...
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Ranya Rao Case: ED Uncovers Fake Transactions, Illegal Forex and Shell Firms
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