International Monetary Fund: Meaning, Objectives, and Benefits

International Monetary Fund

Meaning of contempraray Issue
• A contemporary issue can be
defined as any idea, topic, event
in a given subject that is relevant
to the present day.It can be found
in almost any matter of
interest.For example the IMF
works to foster global growth and
economic stability by providing
policy, advice and financing to
member, by working with
developing nations to assist then
achieve macroeconomic stability
and reduce poverty.
Terrones, M., 2016.

MEANING AND DEFINATION OF
INTERNATIONA MONETARY FUND
• IMF refers to the international Monetary fund and its
is an international organization which headquartered
in Washington D.C of 189 countries working to foster
global monetary cooperation, secure financial
stability, facilitate international trade, promoter high
employment and sustainable economic growth band
reduce poverty around the world.IMF serves as a
lender to modern government and an overseer of
international financial market.
Gaspar, V., Obstfeld, M., Sahay, R. and
Laxton, D., 2016

Characteristic of international monetary fund-
• The international monetary fund serves as a lender
to modern government and an overseer of
international financial market.
• IMF provided the basis of the international
monetary system.
• The IMF has near global membership of 188
member countries.Virtually the entire world belongs
to the IMF.
Gaspar, V., Obstfeld, M., Sahay, R. and
Laxton, D., 2016