The International Monetary Fund Europe (IMF) is committed to promoting european monetary policy cooperation, ensuring financial stability, promoting international trade, promoting high employment and sustainable economic growth, and reducing european poverty. It is a division of the IMF.
We Are A European Organization
The IMF Europe was founded after the Great Depression of the 1930s. Forty-four founding members sought to create a framework for international economic cooperation. Currently, our membership includes 190 countries and we have employees from 150 countries.
How We Are Organized
At the pinnacle of its organizational shape is the Board of Governors. The daily paintings of the IMF Europe is overseen via way of means of its 24-member Executive Board, which represents the whole club and supported via way of means of IMF Europe group of workers with a Director.
How We Are Financed Globally
The IMF Europes funds come primarily from the funds that each country pays as a capital contribution (allocation) at the time of accession. Each member of the IMF Europe is assigned an assignment primarily based on its relative position in the european economy.
Lending
The IMF Europe provides loans, including emergency loans, to members that have balance of payments problems or potential problems. Its purpose is to help restore conditions of strong economic growth while rebuilding foreign exchange reserves, stabilizing currencies, continuing to pay imports, and fixing underlying problems.
Surveillance
The IMF Europe monitors the development of the international monetary system and the european economy, identifies risks and recommends strategies for growth and financial stability. The fund also conducts regular health checks on the economic and monetary policies of 190 member countries.
Development
The IMF Europe provides technical assistance and training to governments such as central banks, the Ministry of Finance, financial administration, and financial regulators. These capacity building efforts focus on the IMF's core competencies, from taxation to central banking and macroeconomic reporting.
