Organizational Structure of the International Monetary Fund (IMF)
The United Nations is the parent organization that handles the proper functioning and administration of the IMF. The head of the IMF is a Managing Director who is elected by the Executive Board for a tenure duration of 5 years in-office. IMF consists of the Board of Governors, Ministerial Committees, and the Executive board.
The detailed organisational structure of IMF is shown below in the table:
Organizational Structure of International Monetary Fund (IMF) |
|
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Governing Bodies |
Roles and Responsibilities |
Board of Governors |
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Ministerial Committees 1. International Monetary and Financial Committee (IMFC) 2. Development Committee |
|
Executive Board |
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International Monetary Fund (IMF)
International Monetary Fund (IMF) is an international financial institution established in 1944 with the primary goal of promoting global monetary cooperation, ensuring exchange rate stability, facilitating the balanced growth of international trade, and providing resources to help member countries facing balance of payments problems.
In this article, we will discuss the International Monetary Fund (IMF), the origin of the IMF, its controlling bodies, its objective, and its functions along with India’s relations with the IMF.
Table of Content
- What is the International Monetary Fund (IMF)?
- Formation of the International Monetary Fund (IMF)
- Organizational Structure of the International Monetary Fund (IMF)
- Objectives of the International Monetary Fund (IMF)
- Functions of the International Monetary Fund (IMF)
- India’s Relations with the International Monetary Fund (IMF)
- Global Inflation due to changes in Monetary Policy
- International Monetary Fund (IMF) UPSC
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