International Monetary Fund

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International Monetary Fund
Web site http://

The International Monetary Fund (IMF) is an international organization of 185 member countries.It was established to promote international monetary cooperation, exchange stability, and orderly exchange arrangements. The IMF also aims to foster economic growth and high levels of employment, and to provide temporary financial assistance to countries to help ease balance of payments adjustment.

The IMF's Board of Governors, the highest decision-making body of the IMF, consists of one governor and one alternate governor for each member country. The governor is appointed by the member country and is usually the minister of finance or the governor of the central bank. All powers of the IMF are vested in the Board of Governors. The Board of Governors may delegate to the Executive Board all except certain reserved powers. The Board of Governors normally meets once a year.


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