Hayat Ashraf

The IMF, or the International Monetary Fund, is an international financial institution established in 1944 with the goal of promoting global monetary cooperation, financial stability, and sustainable economic growth. It consists of 190 member countries and operates under a system of quotas, which determine each member's financial contribution and voting power. The main objectives of the IMF are: 1. Economic Surveillance: The IMF conducts surveillance of its member countries' economies, analyzing economic developments, policies, and risks. It provides assessments and recommendations to help member countries address economic imbalances, promote stability, and achieve sustainable growth. 2. Financial Assistance: The IMF provides financial assistance to member countries facing balance of payments difficulties. This assistance comes in the form of loans and is aimed at helping countries stabilize their economies, implement necessary reforms, and restore external viability. The condi...