What is the objective of the International Monetary Fund (IMF)? 🔊
The objective of the International Monetary Fund (IMF) is to promote global economic stability and facilitate international trade. The IMF provides financial assistance to countries facing balance of payments problems while also offering economic surveillance and technical assistance. By helping nations stabilize their economies, the IMF aims to foster conditions that aid in growth, mitigate financial crises, and decrease poverty. Its overarching goal is to ensure a stable and prosperous global economy, enhancing cooperation among member states.
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