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Abbreviation: IMF: Formation: 1 July 1944; 80 years ago (): Type: International financial institution: Purpose: Promote international monetary co-operation, facilitate international trade, foster sustainable economic growth, make resources available to members experiencing balance of payments difficulties, prevent and assist with recovery from international financial crises [1]
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For example, Facebook's naming policies prohibit names that Facebook judges to have too many words, too many capital letters, or first names that consist of initials. Facebook's monitoring software detects and suspends such accounts. These policies prevent some users from having a Facebook account and profile with their real name.
The IMF Stand-By Arrangement (SBA) is an economic program of the International Monetary Fund (IMF) involving financial aid to a member state in need of financial assistance, normally arising from a financial crisis. In return for aid, the economic program stipulates needed reforms in the recipient country aimed at bringing it back on a path of ...
The chief economist of the International Monetary Fund (IMF) is the economic counsellor and director of the fund's Research Department. He is responsible for providing independent advice to the fund on its policy issues, integrating ideas of research in design of policies, conveying these ideas to the policymakers inside and outside the fund and managing all research done at IMF. [1]
In India, the IMF's emphasis on fiscal austerity and liberalization measures has sometimes led to economic destabilization rather than stabilization. For instance, the conditionality requiring fiscal consolidation can constrain public investment in critical sectors like health and education, vital for long-term economic growth and social stability.
At the end of the visit, it concluded: "The IMF staff team has had very productive discussions with the Ukrainian authorities, including with President Zelenskyi, on the review of Ukraine’s Stand-By Arrangement with the IMF. The team has found that fiscal and monetary policies remain on track, and it stands ready to return to Kyiv to continue ...
Nigeria joined the IMF on March 30, 1961. [1] Nigeria is Africa's most populous country, with 222.182 million citizens. [1] The nation's IMF quota stands at 2454.5 million (SDR) along with its special drawing rights amounting to 3702.34 million (SDR). [1] As of July 2023, Nigeria experienced a 3.2 GDP change. [2]