What is the IMF?

Answer 1

The International Monetary Fund (IMF) is an international organization that oversees the global financial system by following the macroeconomic policies of its member countries, in particular those with an impact on exchange rates and the balance of payments. It is an organization formed to stabilize international exchange rates and facilitate development.

Answer 2

The IMF is the International Monetary Fund which was created in 1944 during the Roosevelt Administration. At that time, all countries involved in the World Trade Organization joined and became part of the IMF. Currently emerging economies have been hijacked by the IMF before they can stand on their own and quickly kept within the 3rd world category.