1. The share paid by member countries in convertible currencies refers to a certain amount of currency subscribed by member countries when they join the International Monetary Fund. Once subscribed, it becomes the property of the International Monetary Fund. IMF takes share as its important source of funds, and share is also the most important factor to determine the voting rights and borrowing rights of member countries. This share will be adjusted and expanded every five years. After years of delay, the IMF's share and governance reform plan was finally passed by the US Congress at the end of 20 15. According to this plan, the share of the International Monetary Fund will double. As a result, China became the third largest member of the IMF, with its share rising from 3.996% to 6.394%, ranking first.
2. borrow money. Borrowing is another major source of funds for the International Monetary Fund. This kind of loan is realized on the premise that the IMF and member countries reach an agreement.
3. sell gold. 1976, the IMF decided to sell its 1/6 gold at the market price within four years, that is, 25 million ounces, and use part of the proceeds as a source of funds to establish a trust fund to provide credit to the poorest member countries.
4. Income earned by the International Monetary Fund in the course of its daily operations, such as interest charged on the purchase of government bonds and loans from other countries.
Its resource uses mainly include:
1. When necessary, provide emergency financing to member countries with balance of payments difficulties.
2. Monitor the exchange rates and economic policies of various countries and provide assistance when necessary.
3. Provide necessary assistance to countries in deep trouble, such as providing emergency financial assistance to Greece, which was in deep debt crisis at that time.
4. Promote international cooperation in the financial and monetary fields.