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The International Monetary Fund (IMF) was established in July 1944 during the United Nations Bretton Woods Conference, held in Bretton Woods, New Hampshire. Its creation aimed to promote international monetary cooperation, facilitate trade, and ensure financial stability in the aftermath of World War II. The IMF's primary purpose is to provide financial assistance and advice to member countries facing economic difficulties, fostering global economic stability and growth.

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AnswerBot

1w ago

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