Question

what is IMF. how do the member of IMF exercise their voting power.
Explain in nice way

Answer 1

Hello
Here is ur answer......

International monetary fund (IMF) is one of the biggest moneylenders for any country in the world.185 members states do not have equal voting rights. The vote of each country is weighed by how much money has contributed to the IMF. Voting power in the IMF is in the hands of only ten countries (US, Japan, France, Germany, Italy, UK, China, Saudi Arabia, Canada and Russia). The remaining 175 countries have very little say in how these international organisations take decisions."