2. When necessary, provide emergency financing to member countries with balance of payments difficulties to avoid other countries being affected by it;
3. Providing a meeting place for international monetary cooperation and consultation for member countries;
4. Promoting international cooperation in the financial and monetary fields;
5. Promoting the pace of international economic integration;
6. Maintain the international exchange rate order;
7. Assist Member States to establish a regular multilateral payment system.
Extended data:
system
1, Council
The board of directors is the highest decision-making body of the IMF, consisting of 1 directors and 1 deputy directors from all member countries, with a term of five years. Directors are usually finance ministers or central bank governors of member countries and have the right to vote. In the absence of the director, the deputy director has the right to vote.
The main functions and powers of the Council are: approving the admission of new members; Approve the share scale of the International Monetary Fund and the allocation of special drawing rights, and approve the general survey of currency parity of member countries; Decided to withdraw from the International Monetary Fund; ; Discuss major issues related to the international monetary system. The Board usually holds an annual meeting, which is usually held jointly with the annual meeting of the Board of Directors of the World Bank.
2. Board of Directors
The Executive Board is a permanent institution of the IMF responsible for daily business work, consisting of 24 executive directors with a term of two years. There are two types of executive directors: appointed and appointed. The United States, Britain, Germany, France and Japan, the five member countries with the largest fund share, each sent an executive director, and China, Russian Federation and Saudi Arabia each sent an executive director. The elected directors shall be elected by other member States in turn according to their constituencies.
3. President
The managing director is the chief executive officer of the International Monetary Fund, assisted by the vice president. The managing director is elected by the executive board, responsible for managing the daily affairs of the IMF, and concurrently serves as the chairman of the executive board for a term of five years.
Baidu Encyclopedia-International Monetary Fund