IMF Flashcards
1
Q
When was the IMF founded
A
1944
2
Q
What is the IMF
A
An organisation working to gain monetary cooperation, secure financial stability, facilitate international trade, high employment and sustainable economic growth and reduce poverty
3
Q
What is the lending capacity of the IMF
A
$750bn
4
Q
Key roles for the IMF
A
- promote the international co-operation
- international trade
- balanced growth of international trade
- exchange stability
- resources available to all
5
Q
What does the world bank compromise
A
2 institutions managed by 188 countries
