International Monetary Fund

The International Monetary Fund (IMF) is an international organization established in 1945 to promote monetary cooperation and financial stability, headquartered in Washington, D.C.

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The International Monetary Fund (IMF) was agreed at the Bretton Woods conference in 1944 and began operating in 1945. Headquartered in Washington, D.C., it works to foster international monetary cooperation, exchange rate stability and the balanced growth of world trade.

Its main activities are surveillance of member countries' economic policies, financial assistance to countries facing balance-of-payments problems, and technical assistance. It publishes the World Economic Outlook and holds annual meetings jointly with the World Bank Group.

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