What are the objectives of International Monetary Fund?
Answers
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The organisation'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.
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Answer:
The objectives of the IMF included –
(1) Promoting international monetary co-operation,
(2) Facilitating the balanced growth of international trade,
(3) Promoting exchange rate stability,
(4) Providing resources to members with Balance of Payment difficulties
(5) The main objective of the fund is to promote monetary cooperation among the different countries of the world.
(6) The funds aim at providing and establishing multilateral payments and trade system in place of bilateral agreements.
(7) It will try to remove all restrictions and controls on foreign exchange imposed by the It will.
(8) To promote trade constancy, to preserve arranged exchange arrangements among members, and to keep away from aggressive exchange depreciation.