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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 191 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.
With approval from the IMF board, the quota of China was increased from 1.2 billion SDRs to 1.8 billion SDRs. China also obtained a single-country seat on the IMF executive board, which expanded the number of IMF directors to 22 members. As of 2017 the quota of China in the IMF was 30.5 billion SDRs, giving it 6.09% of the total vote. [4]
The United States was a founding member of the International Monetary Fund (IMF), having hosted the other countries at the IMF’s founding conference, the Bretton Woods Conference, in 1944. The US delegation played an integral role in the establishment of the basic tenets of the IMF and maintains a large presence in the workings of the ...
The International Monetary Fund's engagement with El Salvador has been "very productive" following a recent visit from a negotiating team, but an agreement is "not there yet" for a new financing ...
South Korea joined the IMF on August 13, 1955. [2] The relationship between the state and the institution has been steady for the most part. The country contributed $8.582 billion SDR (Special Drawing Rights) to the IMF quota, which comprises 1.81% of the IMF's funds. [3] South Korea has 87,292 votes in the IMF, which is 1.73% of the total. [3]
An IMF staff visit to Ethiopia provided an initial look at the country's plans and work to prepare for a future mission to negotiate a potential new Fund program was continuing, the spokesperson ...
Greece is one of the original members of the International Monetary Fund, joining it on 27 December 1945. [1] It has a quota of 2,428.90 million SDRs and 25,754 votes, 0.51% of the total IMF quota and votes. [2] Greece has been represented on the IMF Board of Governors by Minister of Finance Christos Staikouras since 2019. [2]
Peru's central bank, whose policies are thought to be a major driver of growth by the IMF.. Peru and the International Monetary Fund (IMF) have a long history together. The country first joined on December 31, 1945, shortly after the Fund's establishment.