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string(1458) "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."
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string(72) "Analysis-Ethiopia faces tough devaluation decision to secure IMF bailout"
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string(251) "By Rachel Savage and Dawit Endeshaw ADDIS ABABA (Reuters) - Ethiopia may have to decide on a big currency devaluation sooner rather than later to secure a rescue loan from the International Monetary Fund (IMF), which left the country last week with..."
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string(101) "https://wkzo.com/2024/04/11/analysis-ethiopia-faces-tough-devaluation-decision-to-secure-imf-bailout/"
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string(84) "World Bank asks Pakistan to adopt National Fiscal Policy amid bailout talks with IMF"
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string(295) "Islamabad[ Pakistan], April8( ANI): Amid the staggering economic crisis in Pakistan, the World Bank has asked Islamabad to adopt a national fiscal policy by aligning federal and provincial spending with constitutional mandates, merge various federal and provincial revenue agencies into a single"
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string(300) "ISLAMABAD: Prime Minister Shehbaz Sharif acknowledged that the terms of another long-term loan from the International Monetary Fund( IMF) would not be easy during the federal cabinet meeting on Thursday, though he reiterated it was important for the country to seek a fresh bailout facility to ensure"
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string(236) "Pakistan's Finance Minister Muhammad Aurangzeb has said that an IMF team is expected to visit Islamabad next month to negotiate a new long-term bailout package to secure a staff-level agreement for the cash-strapped country by mid-July."
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string(95) "Pakistan needs 2-3 years to implement IMF-advised structural reforms Finance Minister Aurangzeb"
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string(292) "Washington, Apr 16 (PTI) Cash-strapped Pakistan would need two or three years to implement structural reforms prescribed by the IMF, Finance Minister Muhammad Aurangzeb has said, warning that the country would be looking for another bailout programme if it fails to go through these measures."
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string(88) "https://www.theweek.in/wire-updates/business/2024/04/16/fgn23-pak-economy-aurangzeb.html"
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string(70) "IMF’s board confirms increasing Egypt’s bailout loan to $8 billion"
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string(142) "The executive board of the International Monetary Fund confirmed a deal with Egypt to increase its bailout loan from $3 billion to $8 billion,"
["url"]=>
string(109) "https://www.gulftoday.ae/business/2024/03/30/imfs-board-confirms-increasing-egypts-bailout-loan-to-$8-billion"
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string(128) "IMF confirms raising Egypt's bailout personal loan to $8 billion CAIRO -- The executive board of the International Monetary Fund"
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string(106) "The International Monetary Fund (IMF) has approved a $5 billion augmentation to its loan program for Egypt"
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string(106) "World News | Pakistan, IMF Reach Staff-level Agreement on Final Review of USD 3 Billion Bailout | LatestLY"
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string(299) "Get latest articles and stories on World at LatestLY. The International Monetary Fund( IMF) reached a staff-level agreement with Pakistan on Wednesday, on the final review of a USD3 billion bailout, paving the way for the nation to receive the last tranche of USD 1.1 billion after approval from the"
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8227f-us-international-monetary-fund
International Monetary Fund
Location
District of Columbia
Founded
1947-02-28
Website
https://www.imf.org
Articles
1498 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.
By Rachel Savage and Dawit Endeshaw ADDIS ABABA (Reuters) - Ethiopia may have to decide on a big currency devaluation sooner rather than later to secure a rescue loan from the International Monetary Fund (IMF), which left the country last week with...
Islamabad[ Pakistan], April8( ANI): Amid the staggering economic crisis in Pakistan, the World Bank has asked Islamabad to adopt a national fiscal policy by aligning federal and provincial spending with constitutional mandates, merge various federal and provincial revenue agencies into a single
ISLAMABAD: Prime Minister Shehbaz Sharif acknowledged that the terms of another long-term loan from the International Monetary Fund( IMF) would not be easy during the federal cabinet meeting on Thursday, though he reiterated it was important for the country to seek a fresh bailout facility to ensure
Pakistan's Finance Minister Muhammad Aurangzeb has said that an IMF team is expected to visit Islamabad next month to negotiate a new long-term bailout package to secure a staff-level agreement for the cash-strapped country by mid-July.
Washington, Apr 16 (PTI) Cash-strapped Pakistan would need two or three years to implement structural reforms prescribed by the IMF, Finance Minister Muhammad Aurangzeb has said, warning that the country would be looking for another bailout programme if it fails to go through these measures.
Get latest articles and stories on World at LatestLY. The International Monetary Fund( IMF) reached a staff-level agreement with Pakistan on Wednesday, on the final review of a USD3 billion bailout, paving the way for the nation to receive the last tranche of USD 1.1 billion after approval from the
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