IMF
Organizations & Companies abbreviation · International Organization
| Stands for | International Monetary Fund |
|---|---|
| Categories | Organizations & Companies |
IMF stands for International Monetary Fund, an international organization abbreviation.
International financial institution of 191 member countries that promotes global monetary cooperation and financial stability, monitors economies and lends to countries facing balance-of-payments crises, usually with policy conditions.
Example: The IMF approved a 3 billion dollar loan program tied to cuts in fuel subsidies.
Usage notes
It was conceived at the Bretton Woods Conference in 1944, together with the World Bank. Members' voting power depends on their quotas, giving the United States an effective veto over major decisions. Its World Economic Outlook forecasts are widely cited. By tradition its Managing Director is a European.
Related abbreviations
More international organization abbreviations
- IEA – International Energy Agency
- IEC – International Electrotechnical Commission
- IFAD – International Fund for Agricultural Development
- IFC – International Finance Corporation
- IFRC – International Federation of Red Cross and Red Crescent Societies
- ILO – International Labour Organization
- IMO – International Maritime Organization
- INTERPOL – International Criminal Police Organization
- IOM – International Organization for Migration
- IPCC – Intergovernmental Panel on Climate Change
- ISO – International Organization for Standardization
- ITU – International Telecommunication Union