The International Monetary Fund (IMF) is an organization of 190 countries, working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world.
2. What is IMF
The International Monetary Fund (IMF) is an organization
of 190 countries, working to foster global monetary
cooperation, secure financial stability, facilitate
international trade, promote high employment and
sustainable economic growth, and reduce poverty around
the world.
Establishment in 1945
Headquarter in Washington
India main office in New Delhi
India join imf in the year 1945
3. Purpose of IMF
Promote international monetary co-operation, facilitate international trade, foster sustainable
economic growth, make resources available to members experiencing balance of
payments difficulties, prevent and assist with recovery from international financial crises
4. Member Effective Date of
Membership
France
1
December 27,
1945
Belgium
1
December 27, 1945 Greece
1
December 27, 1945
Bolivia
1
December 27, 1945 Honduras
1
December 27, 1945
Canada
1
December 27, 1945 Iceland
1
December 27, 1945
China
1
December 27, 1945 India
1
December 27, 1945
Colombia
1
December 27, 1945 Iraq
1
December 27, 1945
(Czechoslovakia)
1,2,3
(December 27,
1945)
Luxembourg
1
December 27, 1945
Egypt
1
December 27, 1945 Netherlands
1
December 27, 1945
Ethiopia
1
December 27, 1945 Norway
1
December 27, 1945
5. Five Goals and Five ‘P’ of IMF
People, Planet, Peace, Prosperity,
and Partnership.
https://www.imf.org/en/Topics/SDG