The highest authority of the IMF is the board of directors, which consists of 1 directors and 1 deputy directors from member countries, usually held by finance ministers or central bank governors of various countries. A meeting is held in September every year, and each Council independently exercises its voting rights (the voting rights of each country are determined by the amount of funds paid);

Organizational structure of the International Monetary Fund

The executive board of directors is responsible for the daily work and exercises all powers entrusted by the board of directors. It consists of 24 executive directors, 8 of whom are appointed by the five countries with the largest fund share (the United States, Japan, Germany, France and Britain) and three other countries (China, Russian Federation and Saudi Arabia).

The remaining 65,438+06 executive directors were elected by other member States in 65,438+06 constituencies; China is a separate constituency with only one seat. Executive directors are elected every two years; The managing director is elected by the executive board and is responsible for the business of the International Monetary Fund. The term of office is five years and can be renewed. The current managing director is Kristalina Georgieva, and there are four vice presidents.

The temporary committee of the organization is regarded as the decision-making and guiding body of the International Monetary Fund, one of the two largest financial institutions in the world. The Committee will play a full role in policy cooperation and coordination, especially in formulating the medium-term strategy. The Committee consists of 24 executive directors. The International Monetary Fund holds an annual meeting with the World Bank.

The purpose of the organization is to promote international monetary cooperation through a permanent institution and provide methods for consultation and cooperation on international monetary issues; Through the expansion and balanced development of international trade, the primary goal of economic policy is to promote and maintain the employment, the development of production resources and the actual income level of member countries; Stabilize the international exchange rate, maintain orderly exchange rate arrangements among member countries, and avoid competitive exchange rate depreciation;

Assist member countries to establish a multilateral payment system for regular transactions and abolish foreign exchange controls that hinder world trade; Under the condition of proper guarantee, the IMF temporarily provides ordinary funds to member countries, so that they are confident to take this opportunity to correct the imbalance of international payments without taking measures that endanger their own or international prosperity; According to the above objectives, we will shorten the time and reduce the imbalance of international payments among member States.