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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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International Monetary Fund

Location

District of Columbia

Founded

1947-02-28

Website

https://www.imf.org

Articles

1494 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

Predicting the Law: Artificial Intelligence Findings from the IMF’s Central Bank Legislation Database

2023-11-17 (imf.org)

Predicting the Law: Artificial Intelligence Findings from the IMF’s Central Bank Legislation Database

Using the 2010, 2015, and 2020/2021 datasets of the IMF’s Central Bank Legislation Database (CBLD), we explore artificial intelligence (AI) and machine learning (ML) approaches to analyzing patterns in central bank legislation. Our findings highlight that:( i) a simple Naïve Bayes algorithm can link

Read more
Lobby rejects IMF-backed changes on alcohol tax

2023-10-25 (nation.africa)

Lobby rejects IMF-backed changes on alcohol tax

ABAK says the adoption of the proposal would equate to a 67 percent excise tax hike.

Read more
IMF apologizes to Indonesia, this is the reason

2023-10-21 (liputan6.com)

IMF apologizes to Indonesia, this is the reason

Head of the Investment Coordinating Board (BKPM)/Minister of Investment Bahlil Lahadalia admitted that he had received an apology report from the IMF. He said the IMF admitted there was a media error.

Read more
Govt approaches IMF for relief to power consumers - Daily Times

2023-08-30 (dailytimes.com.pk)

Govt approaches IMF for relief to power consumers - Daily Times

The caretaker government on Tuesday decided to seek the International Monetary Fund’s (IMF) nod before providing relief in electricity bills. Interim Information Minister Murtaza Solangi said the caretaker government was engaging with the International Monetary Fund regarding relief measures for

Read more
Resolve political disputes in line with 'Constitution and rule of law': IMF tells - OrissaPOST

2023-05-30 (orissapost.com)

Resolve political disputes in line with 'Constitution and rule of law': IMF tells - OrissaPOST

In an unusual move, the IMF Tuesday urged Pakistan to resolve its political disputes in line with the "Constitution and rule of law

Read more
The International Monetary Fund asks the Dominican Republic to lower exemptions, increase the tax base and a fiscal responsibility law

2023-05-22 (dominicantoday.com)

The International Monetary Fund asks the Dominican Republic to lower exemptions, increase the tax base and a fiscal responsibility law

Santo Domingo.- The International Monetary Fund (IMF) has suggested several short and medium-term measures for the Dominican Republic to ensure macroeconomic stability and fiscal sustainability. The IMF mission, which recently visited the country, highlights the need for a law to regulate non-profit

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
IMF Executive Board Makes Temporary Modifications to the Annual and Cumulative Access Limits for Fund Lending

2023-03-06 (imf.org)

IMF Executive Board Makes Temporary Modifications to the Annual and Cumulative Access Limits for Fund Lending

IMF Executive Board Makes Temporary Modifications to the Annual and Cumulative Access Limits for Fund Lending

Read more
The IMF and the Fight Against Illicit Financial Flows

2023-02-22 (imf.org)

The IMF and the Fight Against Illicit Financial Flows

Illicit financial flows refer to the movement of money across borders that is illegal in its source (e.g. corruption, smuggling), its transfer (e.g. tax evasion), or its use (e.g. terrorist financing). For decades, the IMF has played a key role in international efforts to combat these opaque and

Read more

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