The International Monetary Fund (IMF) is a significant United Nations financial body and an international financial organization with 190 member nations and a headquarters in Washington, D.C. Its stated goal is to “work to encourage global monetary cooperation, secure financial stability, ease trade between nations, promote high employment and sustainable economic development, and reduce poverty throughout the world.” began on December 27, 1945, having been formed in 1944. Kristalina Georgieva, an economist from Bulgaria, has been serving as the IMF’s managing director and chairwoman since October 1, 2019.
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