International Monetary Fund Definition Objectives And Functions
The international monetary fund imf is an international organization that aims to accomplish a number of different goals.
International monetary fund definition objectives and functions. The principal function of the imf is to super vise the international monetary system. Several functions are derived from this. The international monetary fund or imf is an institution meant for providing financial aid and bestow financial stability to its different member countries at international level.
It provides economic and technical support to its member countries. This organization helps in stabilizing the international exchange rates and facilitating development. Objectives of international monetary fund imf to promote international monetary co operation through a permanent institution this provides machinery for consumption and collaboration in international monetary problems.
Objectives the imf meets its goal by targeting three objectives. The international monetary fund is an international organization that works to track the global economic status of its member countries. It primarily aims for the eradication of global poverty by ensuring sustainable economic growth.
The principal function of the imf is to supervise the international monetary system. These include reducing global poverty encouraging international trade. These are granting of credit to member countries in the midst of temporary balance of payments deficits surveillance over the monetary and exchange rate policy of member countries issuing policy recommendations.
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