The role and concept of the international foundation

The International Monetary Fund, whose English name is the International Monetary Fund, or IMF for short, is one of the specialized agencies of the United Nations. According to the "International Monetary Fundamental Accord" drawn up at the United Nations Monetary and Financial Conference held at Bretton Woods in 1994, it was established on December 27, 1945, and began operations on March 1, 1947, headquartered in Washington. There are 148 member states (1984). Its purpose: to stabilize the international exchange rate, eliminate exchange controls that hinder world trade, promote international cooperation on monetary matters, and provide short-term loans to meet the temporary balance of payments financing needs of member countries. Deficit.