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International Monetary Fund

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What Is The International Monetary Fund (IMF)?

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The International Monetary Fund (IMF) and the World Bank Explained in One Minute

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How Does The International Monetary Fund (IMF) Function? | Explained in 3 minutes

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IMF Financial Operations: Overview

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What is The International Monetary Fund (IMF) ?

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When a #country goes into an economic crisis, why do they turn to the IMF? #finance #economy https://t.co/ZxsbIfwWBy

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Why do countries go into economic crisis? And why do they approach the IMF? https://t.co/vOQEzMK5d0

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The International Monetary Fund (IMF) is an international organization headquartered in Washington, D.C., consisting of "189 countries working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world." Formed in 1945 at the Bretton Woods Conference primarily by the ideas of Harry Dexter White and John Maynard Keynes, it came into formal existence in 1945 with 29 member countries and the goal of reconstructing the international payment system. It now plays a central role in the management of balance of payments difficulties and international financial crises. Countries contribute funds to a pool through a quota system from which countries experiencing balance of payments problems can borrow money. As of 2016, the fund had SDR477 billion.
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