EXDlain aty thre QlHow does International Monetary fund function?

1.	EXDlain aty thre QlHow does International Monetary fund function?
Answer» TheInternational Monetary Fund(IMF) is an organization of 189 countries,workingto foster globalmonetary cooperation, secure financial stability, facilitateinternationaltrade, promote highemploymentand sustainable economic growth, and reduce poverty around the world. TheIMFwas conceived primarily as a supervisory institution to promote international monetary cooperation and facilitate the growth of international trade. This is to be achieved through maintaining monetary exchange stability and assisting member countries who are experiencing balance of payments problems.

Answer»

TheInternational Monetary Fund(IMF) is an organization of 189 countries,workingto foster globalmonetary cooperation, secure financial stability, facilitateinternationaltrade, promote highemploymentand sustainable economic growth, and reduce poverty around the world.

TheIMFwas conceived primarily as a supervisory institution to promote international monetary cooperation and facilitate the growth of international trade. This is to be achieved through maintaining monetary exchange stability and assisting member countries who are experiencing balance of payments problems.

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