Financial Terms / I - J / International Monetary Fund (IMF)

International Monetary Fund (IMF)

The International Monetary Fund (IMF) is an organization that works to achieve sustainable growth and prosperity for all of its 190 member countries by providing them with economic policies that promote financial stability and monetary cooperation.

The goal of the IMF is to use economic policy to increase productivity, create more jobs and improve overall financial well-being. It also plays a significant role in securing international monetary cooperation, stabilizing currency exchange rates, and expanding international liquidity (access to hard currencies).