Search results
5 days ago · May 13, 2024, 2:28 PM ET (AP) Argentina will get next installment of bailout as IMF praises Milei's austerity policies. International Monetary Fund (IMF), United Nations (UN) specialized agency, founded at the Bretton Woods Conference in 1944 to secure international monetary cooperation, to stabilize currency exchange rates, and to expand ...
Dec 8, 2023 · The IMF was conceived as a watchdog of the monetary and exchange rate policies vital to global markets. The IMF is akin to a credit union that permits its membership access to a common pool of ...
He previously was the IMF’s Resident Representative in Singapore, covering Singapore, Malaysia, and Asian financial markets. Before coming to Singapore, Jochen worked in the IMF’s Asia and Pacific, Western Hemisphere, Finance, and Monetary and Capital Markets departments. He also worked as part of the team managing the IMF’s investments.
This page provides an overview of assistance approved by the IMF’s Executive Board since late March 2020 under its various lending facilities and debt service relief financed by the Catastrophe Containment and Relief Trust (CCRT). Overall, the IMF is currently making about $250 billion, a quarter of its $1 trillion lending capacity, available ...
The Extended Fund Facility (EFF) provides financial assistance to countries facing serious medium-term balance of payments problems because of structural weaknesses that require time to address. To help countries implement medium-term structural reforms, the EFF offers longer program engagement and a longer repayment period.
The money the IMF loans to its members on its best – or non-concessional – terms comes from member countries, mainly through their payment of quotas. Multilateral and bilateral arrangements can supplement quota funds and plays a critical role in the IMF’s support for member countries in times of crisis. The IMF’s current total resources of about SDR 982 billion translate into a ...
© 2021 International Monetary Fund. All rights reserved.
