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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]
1988 IMF/World Bank protests; 2024 Ethiopian foreign exchange rate policy; A. Angus Maddison statistics of the ten largest economies by GDP (PPP)
The IFS is the IMF’s principal statistical publication, covering numerous topics of international and domestic finance. It includes, for most countries, data on exchange rates, balance of payments, international liquidity, money and banking, interest rates, prices, etc. [2] Most annual data begins in 1948, quarterly and monthly data dates back to 1957, and most balance of payments data ...
The IMF eLibrary provides access to IMF publications, including periodicals, studies, ebooks, and statistical tools. This partnership will provide up to 50 editors free access to the IMF eLibrary for one year.
The IMF and World Bank meet each autumn in what is officially known as the Annual Meetings of the International Monetary Fund and the World Bank Group and each spring in the Spring Meetings of the International Monetary Fund and the World Bank Group. Names of the two groups are alternated each year so a different one has top billing.
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The IMF is supported solely by its member states, while the World Bank funds its loans with a mix of member contributions and corporate bonds. Currently there are 185 Members of the IMF (as of February 2007) and 184 members of the World Bank. Members are assigned a quota to be reevaluated and paid on a rotating schedule.
Credit extended in foreign exchange is financed from the quota resources made available to the IMF by members. The creditor benefits as their position increases. When extending credit in SDRs, the IMF transfers reserve assets directly to borrowing members by drawing on the IMF's own holdings of SDRs in the General Resources Account.