Question

Describe.international monetary fund in short pharagraph

Answer 1

IMF was established on December 27, 1945 in Washington,bit it started working on March 1, 1947. The fund has 185 member countries accounting for more than 80% of total world population and 90% of world trade. The purpose of this fund is to promote international monetary cooperation to facilitate the expansion of balanced growth of international trade, to promote exchange stability and to prevent unnecessary exchange depreciation.

Answer 2

The International Monetary Fund (IMF) is an international organization

Its aim is to -
promote global economic growth financial stability
encourage international trade,
reduce poverty
promote high employment sustainable economic growth

It helps other countries to come over economic crises or distress by providing loan.