It ranks as one of the two largest financial institutions in the world alongside the World Bank, and its duty is to monitor the currency exchange rates and trade conditions of various countries, provide technical and financial assistance, and ensure the operation of the global financial system. 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, development of production resources and high-level real income 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. Therefore, it plays an important role in the economic development of all countries. Since he has played such a big role, his reform is necessary.

As we all know, reform is to get rid of those systems, systems and models that are not suitable for economic development. With the economic development of various countries, the national monetary fund should also develop accordingly. Only in this way can it better play its due responsibilities and functions, and its reform is of great positive significance.