Question

International Monetary Fund is not truly a democracy institution justify this statement​

Answer 1

Answer:

Explanation:

The International Monetary Fund or the IMF is not a completely democratic organisation as it claims to be. It has over the years been partial towards the stronger and economically better nations.

It starts with the United States backing it's treasury and providing additional support as and when necessary. This can also be seen in the case of the United Nations.

Answer 2

The International Monetary Fund or the IMF is not because it appears to be a fully representative organization.

Explanation:

• Through the years, it has been proportional against the wealthier nations and the politically healthier.
• It starts with the US supporting it's treasury and offering additional resources if and when appropriate. This can be seen in the United Nations situation, too.
• The IMF defines itself as' an 188-country body that aims to foster global monetary collaboration, protect financial stability, encourage foreign exchange, support full jobs and sustainable economic development, and minimize global poverty.'

Learn more about IMF:

Organisations of imf

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