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IMF

The International Monetary Fund (IMF), also termed as the Fund, was initiated in July 1944 at a conference of United Nations held at Bretton Woods of New Hampshire in United States. The 44 countries participating in the conference attempted to set up a framework for economic cooperation.


Headquartered at Washington DC, the organisation aims to boost global financial stability and monetary cooperation. Besides, it also seeks to trigger international trade, high employment and sustainable economic growth. Governed by 189 member countries, the primary purpose of IMF is to ensure the stability of exchange rates and international payments that allows the countries and their citizens to transact among each other.

While discharging the responsibilities, it reviews country policies and developments via a formal system known as surveillance. The membership of IMF is represented by a group of 24 members acting as the Board of Executives who looks after the organisation’s day-to-day function.
Last Updated:Apr 22, 2025, 06.57 PM IST

IMF News

Donald Trump tariffs to hit global economy hard! IMF cuts India's GDP growth forecast to 6.2% for 2025; says it's relatively more stable

22 Apr 2025, 18:57

Trade barriers are costly, but global recession unlikely: IMF chief

17 Apr 2025, 20:43

Nirmala Sitharaman embarks on 11-day US and Peru visit for G20, IMF meetings

19 Apr 2025, 23:20

FPIs to decide sensex direction

21 Apr 2025, 01:36

India's strong growth potential, its role in supporting global trade recognised by World Bank, IMF: Nirmala Sitharaman

21 Apr 2025, 12:21

RBI deputy governor T Rabi Sankar's tenure extended by 1 year

22 Apr 2025, 15:18

Europe issues 'High-Risk' tech protocols for officials travelling to US

15 Apr 2025, 21:09

The International Monetary Fund reaches a deal with Argentina on a $20 billion bailout

09 Apr 2025, 08:39

Forex kitty rises for sixth consecutive week, up $1.567 billion to $677.835 billion

18 Apr 2025, 17:15

Indian economy poised to overtake Germany, Japan in 3 years: NITI Aayog CEO

17 Apr 2025, 14:52

Hope to sign 1st phase of US trade pact by Oct: FM

22 Apr 2025, 02:23

Sustaining India’s growth requires bold reforms, Budgets have laid groundwork for this transformation: FM Sitharaman

22 Apr 2025, 15:12

Who is Klaus Schwab? WEF founder steps down as Chairperson after 55 years

21 Apr 2025, 15:55

Is a US recession coming? 5 key questions answered

19 Apr 2025, 10:12

Argentina's Milei courts Trump, but no meeting materializes amid trade turmoil

05 Apr 2025, 14:48

Cambodia's Chinese casino city bets big on Beijing

16 Apr 2025, 10:21

As US-China ties crash and burn, eyes turn towards India

15 Apr 2025, 21:28

Military, Imran Khan, Shehbaz Sharif clash amid US, diaspora influence

09 Apr 2025, 00:13

How to solve the water crisis

15 Apr 2025, 18:23

'Some bankruptcies need to happen': Elon Musk’s old recession quote resurfaces as US stock market struggles

12 Apr 2025, 01:02

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