IMF


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IMF

International Monetary Fund

An international organization that seeks to maintain stability in the global economy. It does this primarily by monitoring the balance of payments for different countries and implementing restructuring agreements with countries in need of help. It was established by Bretton Woods in 1944. See also: Special Drawing Rights, World Bank System.

IMF

International Monetary Fund (IMF).

The IMF was set up as a result of the United Nations Bretton Woods Agreement of 1944 to help stabilize world currencies, lower trade barriers, and help developing nations pay off debt.

The IMF's activities are funded by developed nations and are sometimes the subject of intense criticism, either by the nations the IMF is designed to help, the nations footing the bill, or both.

IMF

see INTERNATIONAL MONETARY FUND.

IMF

see INTERNATIONAL MONETARY FUND.
References in periodicals archive ?
In seeking to unravel why the IMF persisted in its approach, Stiglitz argues that the IMF and its masters in the U.
IMF loans have been a sweet deal for international lenders.
Can the IMF really be such an agent of socialism if the left wants it abolished?
Greece has drawn down almost e1/435bn from the IMF in two separate bailouts over the past five years.
On 16 September, Bah El-Din said that Egypt is not in urgent need of the IMF loan, adding that the government possessed enough resources to successfully implement its economic programme.
IMF spokesman William Murray said the IMF's account at Iran's Central Bank is simply there to hold the Iranian funds committed to the IMF as an obligation of its membership in the crisis lender.
The IMF also estimated there would be a $1 trillion global financing gap over the next two years if global economic conditions worsened considerably, the sources added.
The report also found that IMF staff members were pressured to realign the research conclusions to match IMF views, which defeats the whole purpose.
Deputy Prime Minister Zoran Stavreski said after the closing meeting with the IMF officials Wednesday that the offer of the IMF would be discussed within the framework of the parliamentary budget debate and that the decision whether Macedonia should take the loan would be taken upon additional consultations.
Abstract This article analyzes the general psychology of Koreans in the aftermath of the Asian financial crisis, using connotative semiotics and sociolinguis-tics as its main tools, and investigates the various meanings of the acronym IMF that was used in South Korea several months after the blow of the financial crisis.
The IMF indicated China's growth outlook remains favorable and commended Beijing's measures to contain property price inflation, though it also cautioned a need to safeguard the balance sheet of the domestic banking sector, according to a summary of comments by the IMF's 24-person executive board on China's policies.