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International Monetary Fund

International organisation

International Monetary Fund    ▸ Facts   ▸ Comments   ▸ News   ▸ Videos   

International Monetary Fund: International organisation
The International Monetary Fund (IMF) is an international organization headquartered in Washington, D.C., consisting of "189 countries working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world." Formed in 1944 at the Bretton Woods Conference primarily by the ideas of Harry Dexter White and John Maynard Keynes, it came into formal existence in 1945 with 29 member countries and the goal of reconstructing the international payment system. It now plays a central role in the management of balance of payments difficulties and international financial crises. Countries contribute funds to a pool through a quota system from which countries experiencing balance of payments problems can borrow money. As of 2016, the fund had SDR477 billion.

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IMF gives Mozambique $118 million for Cyclone Idai rebuilding

The International Monetary Fund will grant Mozambique a $118.2 million credit facility to help it rebuild infrastructure after a devastating cyclone that killed hundreds of people and flattened whole..
Reuters - Published

'Large' IMF majority on Venezuela leader issue needed: Lagarde

The International Monetary Fund will not be able to help Venezuela deal with its economic crisis until a "large majority" of its members decide who to recognize as the country's leader, the head of the..
Reuters - Published

Videos for International Monetary Fund

Ukraine set to elect comedian as next president [Video]Ukraine set to elect comedian as next president

Ukrainians fed up with entrenched corruption and hungry for change are likely to elect Volodymyr Zelenskiy, a comedian with no previous political experience, as their next president in a run-off vote..

Credit: Reuters Studio     Duration: 02:05Published

Britain: Brexit gloom deepens, says Deloitte survey [Video]Britain: Brexit gloom deepens, says Deloitte survey

More than four out of five chief financial officers asked in a survey by accountancy firm Deloitte expect Brexit to lead to a long-term deterioration in Britain's business environment. David Pollard..

Credit: Reuters Studio     Duration: 01:46Published

The IMF stands by to help Venezuela once it's decided who's in charge [Video]The IMF stands by to help Venezuela once it's decided who's in charge

The power struggle in Venezuela is hampering international assistance to the crisis-struck South American nation

Credit: euronews (in English)     Duration: 01:15Published

IMF Calls For Central Bank Accountability, Transparency & Communication [Video]IMF Calls For Central Bank Accountability, Transparency & Communication

According to a report by Reuters, on Saturday, International Monetary Fund Managing Director Christine Lagarde said that accountability, transparency, and effective communication were key to components..

Credit: Wochit News     Duration: 00:34Published

Germany to halve 2019 growth forecast - government source [Video]Germany to halve 2019 growth forecast - government source

The German government is set to halve its 2019 growth forecast for Europe's biggest economy, a government source told Reuters on Friday, reflecting a worsening slowdown led by a recession in the..

Credit: Reuters Studio     Duration: 01:54Published

China trade: exports rebound but imports fall more than expected [Video]China trade: exports rebound but imports fall more than expected

China's exports rebounded in March but imports shrank for a fourth straight month and at a sharper pace, painting a mixed picture of the economy as trade talks with the United States reach their..

Credit: Reuters Studio     Duration: 02:00Published

Trump's Pressure On The Federal Reserve Poses Economic Risks [Video]Trump's Pressure On The Federal Reserve Poses Economic Risks

President Donald Trump's pressure on the Federal Reserve poses risks to the economy, an International Monetary Fund official said Thursday. The president has repeatedly lashed out at the central bank..

Credit: Wochit News     Duration: 00:53Published

Wall Street falls on trade tensions [Video]Wall Street falls on trade tensions

Trade-sensitive industrials dragged Wall Street lower on Tuesday as U.S. President Donald Trump said he would impose tariffs on $11 billion of European goods. Fred Katayama reports.

Credit: Reuters Studio     Duration: 01:22Published

IMF cuts growth outlook [Video]IMF cuts growth outlook

The International Monetary Fund cut its global economic growth forecasts for 2019. As Fred Katayama reports, it blamed U.S.-China trade tensions and Britain's messy divorce from the E.U., among other..

Credit: Reuters Studio     Duration: 01:08Published

Pakistan's farmers struggle with rising inflation [Video]Pakistan's farmers struggle with rising inflation

Under an agreement with the IMF for a bailout package, PM Imran Khan's government agreed to devalue the rupee.

Credit: Al Jazeera STUDIO     Duration: 02:33Published

Pakistanis feel crunch of rising prices [Video]Pakistanis feel crunch of rising prices

Inflation has reached its highest in more than five years in Pakistan, and residents across the country say it has shattered their faith in a government elected last year on a pledge to eradicate..

Credit: Reuters Studio     Duration: 01:27Published

Argentina economy falling despite huge IMF support [Video]Argentina economy falling despite huge IMF support

Reports show poverty risen to 32 percent from 26 percent and the 45 percent inflation rate is the main reason why.

Credit: Al Jazeera STUDIO     Duration: 02:37Published

German institutes slash growth forecast as industry orders tumble [Video]German institutes slash growth forecast as industry orders tumble

German industrial orders, hit by a slump in foreign demand, fell at their sharpest rate in more than two years in February. As David Pollard reports, the numbers came as Germany's leading economic..

Credit: Reuters Studio     Duration: 01:34Published

Economy: Brexit casts gloom over UK services, but China cheers [Video]Economy: Brexit casts gloom over UK services, but China cheers

Brexit worries caused the UK's dominant services sector to contract for the first time in nearly three years, a survey showed on Wednesday, and euro zone business activity stayed in the doldrums. But..

Credit: Reuters Studio     Duration: 01:40Published

UK Secures A Post-Brexit Trade Deal [Video]UK Secures A Post-Brexit Trade Deal

World Trade Organization countries have agreed to let the U.K. keep access to bidding on government contracts after it leaves the European Union.

Credit: Newsy Studio     Duration: 01:09Published

 
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