Economy, asked by manisha101, 1 year ago

who does the international monetary fund functions

Answers

Answered by IshanS
3
Hi there!

The Bretton Woods Institution established the International Monetary Fund [ IMF ] to deal with external surpluses and deficits of its member nation.

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The International Bank for Reconstruction and Development [ IBRD ], popularly called as World bank was set up to finance post-war reconstruction.

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Answered by AnuragPatel
4
It strives to ensure the international monetary system's stability. The IMF

functions in three main areas: overseeing the economies of member countries,

lending to countries with balance of payments issues and assisting its member

countries with technical assistance.

The principal function of the IMF is to super­vise the international monetary system.

Several functions are derived from this. These are: granting of credit to member

countries in the midst of temporary balance of payments deficits, survei­llance

over the monetary and exchange rate policy of member countries, issuing policy

recommen­dations. It is to be noted that all these functions of the IMF may be

combined into three.


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