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The International Monetary Fund ( IMF) is a major financial agency of the United Nations, and an international financial institution funded by 190 member countries, with headquarters in Washington, D.C. It is regarded as the global lender of last resort to national governments, and a leading supporter of exchange-rate stability.
The International Bank for Reconstruction and Development (IBRD) and International Monetary Fund (IMF) were established by delegates at the Bretton Woods Conference in 1944 and became operational in 1946. [10] According to a March 2012 Washington Post article, IBRD was the "original 'world bank'". [11]
Media in category "International Monetary Fund". This category contains only the following file. International Monetary Fund logo.svg 313 × 319; 113 KB. Categories: International economic organizations. United Nations specialized agencies. Intergovernmental organizations established by treaty. United Nations organizations based in North America.
Harry Dexter White (left) and John Maynard Keynes, the "founding fathers" of both the World Bank and the International Monetary Fund (IMF) [8] The World Bank was created at the 1944 Bretton Woods Conference, along with the International Monetary Fund (IMF). The president of the World Bank is traditionally an American. [9]
The International Monetary Fund (IMF) is part of the United Nations system and has a formal relationship agreement with the U.N., but retains its independence. [11] The IMF provides monetary cooperation and financial stability and acts as a forum for advice, negotiation and assistance on financial issues. It is headquartered in Washington D.C.
An international financial institution ( IFI) is a financial institution that has been established (or chartered) by more than one country, and hence is subject to international law. Its owners or shareholders are generally national governments, although other international institutions and other organizations occasionally figure as shareholders.
The Bank for International Settlements ( BIS) is an international financial institution which is owned by member central banks. [ 2] Its primary goal is to foster international monetary and financial cooperation while serving as a bank for central banks. [ 3] With its establishment in 1930 it is the oldest international financial institution ...
The International Finance Corporation ( IFC) is an international financial institution that offers investment, advisory, and asset-management services to encourage private-sector development in less developed countries. The IFC is a member of the World Bank Group and is headquartered in Washington, D.C. in the United States.