The International Monetary Fund is an intergovernmental international financial organization. The main business activities include: providing loans to some members, promoting international cooperation on monetary issues, studying issues related to the reform of the international monetary system, studying and expanding the role of the International Monetary Fund, providing technical assistance, and strengthening ties with other international institutions.

Its purpose is to consult and cooperate on international financial issues as a permanent institution and promote international monetary cooperation; Promote the expansion and balanced development of international trade; Promote and maintain high-level employment, development of productive resources and real income of member States; Promote the stability of international exchange, maintain orderly exchange rate arrangements among member countries, and prevent the devaluation of competitive currencies.

Assist member countries to establish multilateral payment rules in current account transactions, remove obstacles that prevent member countries from providing ordinary funds temporarily, so that they can correct the imbalance of international payments, instead of taking measures that endanger their own or international prosperity, shorten the time and reduce the imbalance of international payments.

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It was established according to the agreement of the International Monetary Fund adopted at the International Monetary and Financial Conference of the United Nations and its allies held in Bretton Woods, New Hampshire in July, 1944. It was formally established on February 27th, 1945, and started its business on March 27th, 1947. In the same year165438+1October 15 became a specialized agency of the United Nations, but it has its own independence in operation.

The IMF has five regional departments (Africa, Asia, Europe, Middle East and Western Hemisphere) and 12 functional departments (Administration, Central Bank, Exchange and Trade Relations, External Relations, Financial Affairs, IMF Research Institute, Legal Affairs, Research, Secretary, Treasurer, Statistics and Language Service Bureau).