The International Monetary Fund has been at the forefront of global economic cooperation for 80 years. From our founding at Bretton Woods to today's complex challenges, we have adapted our tools and expertise to support our 190 member countries. Our mission remains the same: bringing prosperity to the world through financial cooperation, sustainable growth, and inclusive economic policies. In a fast-changing world, the IMF is there to help economies grow so that everyone can prosper.
International Monetary Fund
International Trade and Development
Washington, DC 826,467 followers
190 member countries working together to improve lives through global growth and economic stability.
About us
The International Monetary Fund has a key position in promoting the health of the world economy. Established in 1944 as a part of the United Nations system, the IMF's primary purpose is to ensure the stability of the international monetary system—the system of exchange rates and international payments that enables countries and their citizens to buy goods and services from each other. This is essential for sustainable economic growth and rising living standards. To maintain stability and prevent crises in the international monetary system, the IMF conducts surveillance of national, regional, and global economic and financial developments. It provides advice to its 190 member countries, encouraging them to adopt policies that foster economic stability, reduce their vulnerability to economic and financial crises, and raise living standards. The IMF also serves as a forum where its global membership can discuss the national, regional, and global consequences of their policies. The IMF makes financing temporarily available to member countries to help them address balance of payments problems—that is, when they find themselves short of foreign exchange to meet their payments to other countries. Finally, the IMF provides countries with training to help them build the expertise and institutions they need for economic stability and growth. Supporting all of these activities is the institution's work in economic research and statistics.
- Website
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https://imf.org/
External link for International Monetary Fund
- Industry
- International Trade and Development
- Company size
- 1,001-5,000 employees
- Headquarters
- Washington, DC
- Type
- Government Agency
- Founded
- 1945
- Specialties
- economics, financial, and global economy
Locations
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Primary
700 19th Street N.W.
Washington, DC 20431, US
Employees at International Monetary Fund
Updates
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The global economy continues to show resilience, defying fears of stagflation or recession. Our growth projections remain unchanged from April at 3.2% in 2024 and 3.3% in 2025. The World Economic Outlook Update discusses the challenges and recommendations for policymakers. Read the report: https://lnkd.in/ebJ7ipUA
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IMF Growth Forecast: 2024 🇺🇸 US: 2.6% 🇩🇪 Germany: 0.2% 🇫🇷 France: 0.9% 🇮🇹 Italy: 0.7% 🇪🇸 Spain: 2.4% 🇬🇧 UK: 0.7% 🇯🇵 Japan: 0.7% 🇨🇦 Canada: 1.3% 🇨🇳 China: 5.0% 🇮🇳 India: 7.0% 🇷🇺 Russia: 3.2% 🇧🇷 Brazil: 2.1% 🇲🇽 Mexico: 2.2% 🇸🇦 Saudi Arabia: 1.7% 🇳🇬 Nigeria: 3.1% 🇿🇦 South Africa: 0.9% https://lnkd.in/ebJ7ipUA
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Our July 2024 World Economic Outlook Update projects global growth at 3.2% in 2024 and 3.3% in 2025, unchanged from the April forecast. However, output divergence across economies has somewhat narrowed at the turn of the year as cyclical factors wane. Services inflation is proving sticky, complicating monetary policy normalization, and increasing risks. Careful adjustment of policies will be important to achieve price stability while replenishing fiscal buffers and stimulating growth. Read more. https://lnkd.in/ebJ7ipUA
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Join Chief Economist Pierre-Olivier Gourinchas, Petya Koeva Brooks, and Jean-Marc Natal for our latest projections and analysis of the global economy on Tuesday, July 16 at 9:00 AM ET. Don't miss it! Join Chief Economist Pierre-Olivier Gourinchas, Petya Koeva Brooks, and Jean-Marc Natal for our latest projections and analysis of the global economy on Tuesday, July 16 at 9:00 AM ET. Don't miss it! https://lnkd.in/ebJ7ipUA
Press Briefing: World Economic Outlook Update | July 2024
www.linkedin.com
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Europe has a productivity problem. EU workers produce nearly 30% less per hour than they would have had real output per hour increased in line with that in the United States since 2000. Greater venture capital investment, however, could boost productivity and strengthen innovation. Specifically, Europe can better support venture capital to boost growth and productivity with reforms that increase investment in technology startups. For more, see our new blog unpacking the latest IMF research. https://lnkd.in/eRaYxF-f
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The IMF is on WhatsApp! Follow our official channel for the latest updates on our work, including announcements, news, research, and job opportunities. Tap the link below or scan the QR code to join and stay informed about global economic developments. https://lnkd.in/e__ZK5nj
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The IMF conducts annual assessments of current account surpluses and deficits in major economies to alert the global community to potential risks that require collective action. Read our latest report here. https://lnkd.in/eteyBP3q
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IMF staff and the Pakistani authorities have reached a Staff-Level Agreement on a 37-month Extended Fund Facility Arrangement of about $7 billion. The new program aims to support the authorities’ efforts to maintain economic stability and enhance conditions for stronger, more inclusive, and resilient growth to benefit all Pakistanis. https://lnkd.in/e4JeDNDV
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Our latest External Sector Report shows emerging markets' resilience amid global monetary tightening. Despite high US interest rates and a strong dollar, net capital inflows into emerging markets (excluding China) reached $110 billion in 2023—the highest level since 2018. This resilience is partly due to stronger fundamentals, including more robust fiscal, monetary, and financial policy frameworks. https://lnkd.in/eteyBP3q