International Monetary Fund (IMF)

The International Monetary Fund (IMF) is a key international organisation whose primary objectives include maintaining global financial stability, promoting monetary cooperation, facilitating international trade, encouraging sustainable development and high employment, and reducing global poverty.

  • oAs a founding member, India plays an important role in the IMF. India’s Finance Minister is an ex-officio member of the IMF Board of Governors, while the Governor of the Reserve Bank of India serves as the Alternate Governor. India holds a significant quota in the IMF, giving it substantial voting power within the institution.

Recent Developments

Loan Approval for Pakistan

  • On May 9, 2025, the ....
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International Relations