India reports economy crisis India

To counter covid impact, IMF gives an SDR booster

Reading now: 677

What is the role of IMF in world economy? IMF helps nurture global monetary cooperation, secure financial stability, and enable international trade.

It encourages and works towards high employment levels, poverty reduction, and sustainable global economic growth. It encourages policies designed to foster economic stability and reduce susceptibility to economic and financial crisis.

The core function of IMF is to provide financial assistance and loans to member countries experiencing an actual or potential adverse balance of payments situation.

The website is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News