the International Monetary Fund
The International Monetary Fund (IMF) is an international organization established in 1944 to promote global economic stability and growth. It provides financial assistance and advice to member countries facing economic difficulties, helping them stabilize their economies and restore growth. The IMF also monitors global economic trends and offers policy recommendations to its members.
The organization has 190 member countries, each contributing financial resources based on their economic size. In return, members can access funds during financial crises, which helps prevent economic collapse and promotes international trade. The IMF plays a crucial role in maintaining global economic stability.