What is IMF ?
International Monetary Fund (IMF) is the world’s central organization for international monetary cooperation. The IMF’s primary purpose is to ensure the stability for the international monetary system, which is essential for sustainable economic growth and rising living standards. To maintain stability and prevent crises, the IMF reviews national, regional and global economic and financial developments. It provides policy advice to its member countries when need. The IMF also makes financing temporarily available to member countries to help them address balance of payments problems, and provides technical assistance and training.