Council, 5 years. According to information from Guangming.com, the Board of Directors can be sent to work in the International Monetary Fund, usually for a period of 5 years, and has certain voting rights. The International Monetary Fund is composed of 182 member economies. Its purpose is to promote international monetary cooperation, exchange rate stability and orderly exchange arrangements, and to provide temporary financial assistance to countries in need with adequate safeguards to assist them. Relieve balance of payments imbalances.