S.

K SCHOOL OF BUSINESS
MANAGEMENT
INTERNATIONAL MONETARY

FUND
PRESENTED BY: PARMAR
HEENABEN H
CLASS:M.COM SEM -1(F.Y)
ROLL NO: 11
SUBJECT: MANAGERIAL
ECONOMIC
GUIDED BY: DR. C.P THAKOR
International
International Monetary
Monetary Fund
Fund

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 WHAT IS IMF
 it is an organization of 190 countries, working to
faster global monetary corporation, secure
financial stability, facilitate international
monetary trade, promote high employment and
sustainable economic growth and reduce
poverty”.
 The IMF tracks global economic trends and
performance, alerts it’s member countries when
it sees problems on the horizon, provides a
forum for policy dialogue and passes on know-
how to government on how to tackle economic
difficulties.
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 HISTORY
1. The imf was set up at a Meeting of 45
countries in 'bretton woods
conference’ ,new Hampshire, USA in 7
th July 1944.
2. It was established on 27th December
1945 with 29 countries member.
3. It’s started work on 1 march 1947 .
4. Imf is created to prevent economic
crises like the great depression 1945.
 The
The international
international monetary
monetary
fund
fund was
was created
created in
in July
July 1944,
1944,
originally
originally with
with 45
45
members,with
members,with aa goalgoal to
to
stabilize
stabilize exchange
exchange rates
rates and
and
assist
assist the
the reconstruction
reconstruction ofof the
the
world’s
world’s international
international payment
payment
system.
system. Countries
Countries contributed
contributed
to
to aa pool
pool which
which could
could bebe
borrowed
borrowed from,
from, onon aa
temporary
temporary basis,
basis, by
by countries
countries
with
with payment
payment imbalances.
imbalances.

'IMF’s
'IMF’s managing
managing director
director
MS.
MS. Kristalina
Kristalina georgieva
georgieva
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WHO
WHO RUNS
RUNS THE
THE IMF
IMF ??

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 Organization Structure
Board of governors:
1. The board of governors is the highest
decision- making body of the IMF
2. It consists of one governor and one
alternate governor for each member
country.
3. The governor is appointed by the member
country and is usually the minister of
finance or the head of the central bank.
 Continue….
 Ministerial Committees:

1. The Imf board of governors is advised by

two ministerial committees, the
international monetary and financial
committee (IMFC) and the Development
committee (DC).
2. The IMFC has 24 members ,drawn from
the pool of 190 governors.
 Continue….

The Executive board :

1. The IMF’s 24 member of executive

board, take care of the daily business of
imf.
2. Together, these 24 board members
represent all 190 Countries.
 MEMBERSHIP
 There are two types of members :
1. ORIGINAL MEMBERS: All those countries whose
representatives took part in BRETTON WOODS
CONFERENCE and who agreed to be the
members of the fund prior to 31st December,1945.

2. ORDINARY MEMBERS: All those who became its

members subsequently.

 BANK has the authority to suspend any member

and similarly every member is free to resign.
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 OBJECTIVES
OBJECTIVES OF
OF THE
THE IMF
IMF

1. To achieve “ international monetary Co-

operation through construction and
collaboration
2. To stabilize foreign exchange rates and
facilitate international trade between
member countries
3. To reduce short – term disequilibrium in the
balance of payments.
4. To invest capital in less developed
countries for development of economic
resources
5. To establish a system of multilateral
payments.
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 MAIN
MAIN FUNCTIONS
FUNCTIONS OF
OF THE
THE
FUND
FUND

1. Economic and financial

surveillance
2. Technical assistance and
training
3. IMF lending
4. Research and data
5. Financial assistance
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 How
How does
does the
the IMF
IMF serve
serve its
its
member
member countries
countries??
1. Monitoring national, global, regional economic,
financial development and advising member
countries on their economic policies
( “Surveillance”).
2. Lending members hard currencies to support
policy programs designed to correct balance of
payments problems.
3. Offering technical assistance in its areas of
expertise, as well as training for government
and central bank officials.

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 CONCLUSION
The IMF’s primary purpose is to
safeguard the stability of the international
monetary system- the system of exchange
rates and international payments that enables
countries ( and their citizens) to buy goods
and services from each other. This is
essential for achieving sustainable economic
growth and raising living standards.
 Continue..

Providing advice to members on

adopting policies that can help them
prevent or resolve a financial crisis,
achieve macroeconomic stability,
accelerate economic growth and alleviate
poverty.
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