Quick Definition

The International Monetary Fund (IMF) is an international organization that aims to promote global economic stability and growth by providing financial assistance, policy advice, and technical assistance to its member countries.

Examples

• 1The IMF providing a bailout package to Greece during the 2008 financial crisis to help stabilize its economy.
• 2The IMF conducting an annual review of a country's economic policies and offering recommendations to improve economic performance.
• 3The IMF offering technical assistance to developing countries to help them improve their financial management systems and policies.

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