Part 2: What We Do: The “Big Three”
- International Monetary Fund
- Published Date:
- October 2015
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The IMF has three main roles
- Economic Surveillance331 country health checksThe IMF oversees the international monetary system and monitors the economic and financial policies of its 188 member countries. As part of this surveillance process, which takes place both at the global level and in individual countries, the IMF highlights possible risks to stability and advises on needed policy adjustments.
- Lending$112B to 9 countries, plus $2.7 billion in low- or zero-interest loans to 17 of its low-income developing member countriesThe IMF provides loans to member countries experiencing actual or potential balance-of-payments problems to help them rebuild their international reserves, stabilize their currencies, continue paying for imports, and restore conditions for strong economic growth, while correcting underlying problems.
- Capacity Development$242M for expert advice and trainingThe IMF helps its member countries design economic policies and manage their financial affairs more effectively by strengthening their human and institutional capacity through expert advice and training, which it calls capacity development.