IMF is the International Monetary Fund, which is an organization of several countries to facilitate economic growth. An IMF quota is the amount of money which each member country is required to give to the IMF.
Having many side of systems of payment
All IMF share holders are in the developing world.
The capital of IMF is made up of
Is world bank under the control of IMF
Most staff members work at IMF headquarters in Washington, D.C.
The article 8 of the IMF includes the general obligations of its members.
At least annually, a team of IMF staff members visits each member country for two weeks.
The IMF's board of governors and alternate governors is empowered to make the decision to create SDRs.
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A small number of staff members are assigned to offices in Geneva, Paris, and Tokyo and at the United Nations.
Who is the Chairman of IMF
CHRISTINE LAGARDE(France) is the CEO of IMF.
Cristine Lagarde is head of the IMF.
The new IMF head Christine Lagarde had been elected by the IMF board as its new president, because the panel of members deemed her the best qualified person for the job. A successful business lawyer in the biggest American firm, then a finance minister for France, she is praised even by her political opponents for her achievements and qualities.
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