Question
Give objectives of International Monetary Fund.
Solution
Objectives :
1. To promote international monetary cooperation through a permanent institution.
2. To facilitate expansion of balanced growth of international trade and to contribute thereby to the promotion and maintenance of high levels of employment and real income.
3. To promote exchange stability with a view to maintain orderly exchange arrangements among member countries.
4. To assist in the establishment of a multilateral system of payments in respect of current transactions between members.
