Dominique Strauss-Kahn  MD

John Lipsky  DEPUTY MD

The International Monetary Fund (IMF) is an organization of 185 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. IMF's main purpose—to provide the stability of the international monetary and financial system.

  The

 It

helps resolve crises, and works with its member countries to promote growth and alleviate poverty.

 The   It

IMF works to foster global growth and economic stability. provides policy advice and financing to members in economic difficulties and also works with developing nations to help them achieve macroeconomic stability and reduce poverty. IMF collaborates with the World Bank, the regional development banks, the World Trade Organization (WTO), UN agencies, and other international bodies.

  The

Key IMF activities
 The

IMF supports its membership by providing:
advice to governments and central banks based on analysis of economic trends and crosscountry experiences. statistics, forecasts, and analysis based on tracking of global, regional, and individual economies and markets.

 Policy

  Research,

 Loans 

to help countries overcome economic difficulties. countries. loans to fight poverty in developing

 Concessional   Technical   Promote
 

assistance and training to help countries improve the management of their economies. exchange rate stability and an open system of international payments

 Provide 

a forum for cooperation on international monetary problems. the growth of international trade, thus promoting job creation, economic growth, and poverty reduction. countries foreign exchange when needed, on a temporary basis and under adequate safeguards, to help them address balance of payments problems.

 Facilitate

  Lend

 It

has three main tools at its disposal to carry out its mandate:

 Economic    Technical


 

assistance & Training.

  Lending

Economic surveillance

The IMF promotes global growth and economic stability by encouraging countries to adopt sound economic policies. It regularly monitors global, regional, and national economic developments. It also seeks to assess the impact of the economic policies of individual countries on other economies. This process of monitoring and discussing is known as economic surveillance. On a regular basis—usually once each year, the IMF conducts in depth appraisals of each member country's economic situation

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Technical assistance and training

To help member countries strengthen their capacity to design and implement effective policies. Monetary and financial policies (monetary policy instruments, banking system supervision and restructuring, foreign management and operations, clearing settlement systems for payments, and structural development of central banks)

 Fiscal

policy and management (tax and customs policies and administration, budget formulation, expenditure management, design of social safety nets, and management of domestic and foreign debt) management, dissemination, and improvement of statistical data and financial legislation.

  Compilation,   Economic


In the event that member countries experience difficulties financing their balance of payments, the IMF is also a fund that can be tapped to facilitate recovery. A policy program supported by financing is designed by the national authorities in close cooperation with the IMF. Continued financial support is conditional on the effective implementation of this program. The IMF also provides low-income countries with loans at a concessional interest rate through the Poverty Reduction and Growth Facility (PRGF) and the Exogenous Shocks Facility (ESF

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Thank you