What does international monetary fund mean?

Definitions for international monetary fund
in·ter·na·tional mon·e·tary fund

This dictionary definitions page includes all the possible meanings, example usage and translations of the word international monetary fund.

Princeton's WordNet

  1. International Monetary Fund, IMFnoun

    a United Nations agency to promote trade by increasing the exchange stability of the major currencies

Wiktionary

  1. International Monetary Fundnoun

    The international organization entrusted with overseeing the global financial system by monitoring foreign exchange rates and balance of payments, as well as offering technical and financial assistance when asked. Abbreviated as IMF.

  2. Etymology: international + monetary + fund

Wikipedia

  1. International Monetary Fund

    The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution, headquartered in Washington, D.C., consisting of 190 countries. Its stated mission is "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 1944, started on 27 December 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 monetary 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 XDR 477 billion (about US$667 billion). The IMF is regarded as the global lender of last resort. Through the fund and other activities such as the gathering of statistics and analysis, surveillance of its members' economies, and the demand for particular policies, the IMF works to influence the economies of its member countries. The organization's objectives stated in the Articles of Agreement are: to promote international monetary co-operation, international trade, high employment, exchange-rate stability, sustainable economic growth, and making resources available to member countries in financial difficulty. IMF funds come from two major sources: quotas and loans. Quotas, which are pooled funds of member nations, generate most IMF funds. The size of a member's quota depends on its economic and financial importance in the world. Nations with greater economic significance have larger quotas. The quotas are increased periodically as a means of boosting the IMF's resources in the form of special drawing rights.The current managing director (MD) and Chairwoman of the IMF is Bulgarian economist Kristalina Georgieva, who has held the post since October 1, 2019. Indian-American economist Gita Gopinath, who previously served as Chief Economist, was appointed as First Deputy Managing Director, effective January 21, 2022. Pierre-Olivier Gourinchas replaced Gopinath as Chief Economist on January 24, 2022.

ChatGPT

  1. international monetary fund

    The International Monetary Fund (IMF) is a global organization that aims to promote global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world. The IMF is headquartered in Washington D.C. and consists of 190 member countries, working to foster global monetary cooperation and financial stability. It provides economic assistance and advice to its member countries through technical assistance and training in areas of deficit reduction, economic forecasting, and macroeconomic management.

Wikidata

  1. International Monetary Fund

    The International Monetary Fund is an international organization that was initiated in 1944 at the Bretton Woods Conference and formally created in 1945 by 29 member countries. The IMF's stated goal was to assist in the reconstruction of the world’s international payment system post-World War II. Countries contribute money to a pool through a quota system from which countries with payment imbalances can borrow funds temporarily. Through this activity and others such as surveillance of its members' economies and the demand for self-correcting policies, the IMF works to improve the economies of its member countries. The IMF describes itself as “an organization of 188 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.” The organization's stated objectives are to promote international economic cooperation, international trade, employment, and exchange rate stability, including by making financial resources available to member countries to meet balance of payments needs. Its headquarters are in Washington, D.C., United States.

Editors Contribution

  1. international monetary fund

    Is a socialist international organization with the role and responsibility to create international monetary cooperation, create financial stability, facilitate socialism and sustainable social enterprise development, promote sustainable employment, sustainable socialist economies, socialist economic policy, provide redistribution of wealth policies and make its resources accessible to their member countries around the world. All directors and employees are focused on cocreating the universes truth, the collective plan for the evolution of humanity, optimum health, human rights, right to life, shared prosperity for all, stability, solidarity, cohesion, animal rights, right to housing, right to free education, right to parent, right to free preschool education, right to a standard of living, right to internet access, economic stability, financial stability, civil rights, equal rights, equal opportunities, employment rights, childrens rights, sustainable development, sustainable development goals, united partnership, multi-party working, community empowerment systems, redistribution of wealth, fairness and justness across society, the country, europe and the world and contribute to the cocreation of global and national peace agreements, peace treaties, the universes truth and a fair, just and transparent system of checks and balances.

    The International Monetary Fund support requires a set of policies and agreements to access its financial resources.


    Submitted by MaryC on January 14, 2017  

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  1. international monetary fund

    Quotes by international monetary fund -- Explore a large variety of famous quotes made by international monetary fund on the Quotes.net website.

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Numerology

  1. Chaldean Numerology

    The numerical value of international monetary fund in Chaldean Numerology is: 6

  2. Pythagorean Numerology

    The numerical value of international monetary fund in Pythagorean Numerology is: 2

Examples of international monetary fund in a Sentence

  1. Latin American:

    It is the old Pinochet dictatorship and International Monetary Fund. The people have the right to seek an alternative.

  2. Axel Weber:

    I've just come from a meeting of the International Monetary Fund. There, the consensus is increasingly that a Greek default would be systemically controllable.

  3. Yanis Varoufakis:

    The International Monetary Fund repayments of course we are going to prioritize, we are not going to be the first country not to meet our obligations to International Monetary Fund.

  4. John Roland:

    The International Monetary Fund's important to realize that older populations present challenges but also opportunities, we need to shift away from the outdated stereotype that people retire and that's that, to ensuring that older people can continue to participate in society.

  5. Canadian Finance Minister Joe Oliver:

    Implementation is key, but in the mean time, events keep intervening, and there are serial disappointments, and what (International Monetary Fund Managing Director) Christine Lagarde has called 'the new mediocre' is something that we seem to be confronting.

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"international monetary fund." Definitions.net. STANDS4 LLC, 2024. Web. 23 Apr. 2024. <https://www.definitions.net/definition/international+monetary+fund>.

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