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International Monetary Fund

Location

District of Columbia

Founded

1947-02-28

Website

https://www.imf.org

Articles

1511 Articles

Category

Libraries

Description

The International Monetary Fund has a key position in promoting the health of the world economy. Established in 1944 as a part of the United Nations system, the IMF's primary purpose is to ensure 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 sustainable economic growth and rising living standards. To maintain stability and prevent crises in the international monetary system, the IMF conducts surveillance of national, regional, and global economic and financial developments. It provides advice to its 190 member countries, encouraging them to adopt policies that foster economic stability, reduce their vulnerability to economic and financial crises, and raise living standards. The IMF also serves as a forum where its global membership can discuss the national, regional, and global consequences of their policies. The IMF makes financing temporarily available to member countries to help them address balance of payments problems—that is, when they find themselves short of foreign exchange to meet their payments to other countries. Finally, the IMF provides countries with training to help them build the expertise and institutions they need for economic stability and growth. Supporting all of these activities is the institution's work in economic research and statistics.

Articles

IMF warns about cyber risks to financial sector

2024-04-09 (haber7.com)

IMF warns about cyber risks to financial sector

The International Monetary Fund (IMF) reported that the financial sector is highly exposed to cyber risks and that cyber incidents against major financial institutions can pose a serious threat to macrofinancial stability.

Read more
IMF accused of aiding asset theft in Ukraine amid legal battle with ABH Holdings

2024-03-28 (gulf-times.com)

IMF accused of aiding asset theft in Ukraine amid legal battle with ABH Holdings

ABH Holdings S.A. (ABHH) has raised serious allegations against the International Monetary Fund (IMF), accusing it of complicity in the unlawful expropriation of Sense Bank in...

Read more
IMF hit by cyber attack

2024-03-18 (centralbanking.com)

IMF hit by cyber attack

Fund says attack did not target top leader and it has “re-secured” 11 compromised email accounts

Read more
IMF Confirms Cyber Breach, 11 Email Accounts Compromised in Incident - TheNigeriaLawyer

2024-03-16 (thenigerialawyer.com)

IMF Confirms Cyber Breach, 11 Email Accounts Compromised in Incident - TheNigeriaLawyer

The International Monetary Fund (IMF) said on Friday that it is probing a cyber incident, which was detected on February 16, adding that the 11 email accounts involved had been re-secured.

Read more
11 e-mail accounts were seized: Cyber ​​security investigation at IMF

2024-03-15 (gazeteoksijen.com)

11 e-mail accounts were seized: Cyber ​​security investigation at IMF

The IMF announced that a cybersecurity incident is being investigated. During the investigation, it was determined that 11 IMF e-mail accounts were compromised. "The security of the affected email accounts has been restored. There is no indication of further compromise at this time," the statement said.

Read more
BRIEF-IMF Says It Is Investigating A Cyber-Security Incident | Technology

2024-03-15 (devdiscourse.com)

BRIEF-IMF Says It Is Investigating A Cyber-Security Incident | Technology

Read more about BRIEF-IMF Says It Is Investigating A Cyber-Security Incident on Devdiscourse

Read more
Sri Lanka eyes criminal asset recovery law by April under IMF program | EconomyNext

2024-03-01 (economynext.com)

Sri Lanka eyes criminal asset recovery law by April under IMF program | EconomyNext

Sri Lanka is expecting to pass a

Read more
Joint Statement of the IMF Managing Director and of the World Bank President

2023-09-07 (imf.org)

Joint Statement of the IMF Managing Director and of the World Bank President

Kristalina Georgieva, Managing Director of the International Monetary Fund, and Ajay Banga, President of the World Bank issued today a joint statement:“ The world confronts significant economic challenges, the existential threat of climate change as well as a digital transition, all in the context

Read more
IMF Standards for Data Dissemination

2023-04-19 (imf.org)

IMF Standards for Data Dissemination

Keeping and publishing clear, reliable, and timely data on a country’s economy helps governments make sound economic policy decisions, for which citizens can hold them accountable. Data transparency also strengthens the credibility of a government’ s economic management, which facilitates

Read more

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