The International Monetary Fund imf?

Is a cooperate cooperative monetary organization whose Mission is to ensure the stability of the national monetary system of exchange rate,

?and International payments that enables countries and their citizens to transact with One another .

it’s near global membership uniquely positions the IMF to help governments to manage challengers post by globalization and economic development .

the key activities of the IMF can be classified on the three??areas : lending ,surveillance and capacity building?

these activities promote policies and strategies through which members can work together to ensure a stable world Financial system, and sustainable economic growth?

the IMF is a quota based institution ,each member is assigned a quota based broadly on its relative economic position in the world economy?

The IMF score responsibility is to provide resources to its members experiencing actual or potential balance of payments problems ,meaning that the country cannot find the sufficient funding on affordable terms to meet its net International payments.

most resources for IMF loans are provided by member countries primarily through their payment of Quotas .

borrowing provides a temporary supplement to quota resources

And has played a critical role in enabling the IMF??to meet members needs for financial support during the global crisis Financial crisis,?

IMF financing is extended through arrangement??that are similar to??lines of credit and it’s based on an exchange of asset, IMFprovide financial resources to members with balance of payments problems by calling all members that considered to financially strong to provide freely usable currencies Dollar ,yen,pounds euro and rMB , The borrowing country purchase The freely usable currencies was its own local currency and the creditor country??receives a liquid claim on IMF??which is called a reserve tranche position.

This creditor countries earns interest at market rate on these claims and they remain part of it into international reserves .

if the creditor country find its self in balance of payments difficulties it??can immediately in cash this claim ,

The imf also extends Financial assistance to low income countries ,with trust resource through concessional loans and debt relief,

The special drawing right SDR with serve as a unit of the account of the IMF.

Its value is based on a basket of currencies, as a permanent international organization, The IMF has a defined income model to cover its cost of operations and it employs a dedicated strategy to manage its Financial risks.