What is the full form of IMF?

Answer 1

i) To promote cooperation.

ii) To increase trade, and therefore employment and income.

iii) To stabilize exchange rates and to avoid competitive devaluations.

iv) To reduce restrictions on payments for trade.1

v) To provide loans to help cover shortfalls in Balance of Payments (BOP)2-

to help correct BOP problems without hurting national or international

interests.

vi) Therefore to reduce the impact of BOP crises.