About the Bank - Who We Are

​​​​​​​​​International Economic Cooperation:  International Monetary Fund (IMF)​1


The IMF is an international financial institution established in 1944 to ensure the stability of the international monetary system. The mission of the IMF is accomplished in three ways:


  • keeping track of the global economy and the economies of member countries (surveillance);
  • providing financing to countries with balance of payments difficulties (lending); and
  • giving practical help to members in terms of technical assistance and training (capacity development).


The IMF is currently headed by Managing Director Ms. Kristalina Georgieva, who is head of the staff and Chairperson of the Executive Board. The Managing Director is appointed by the Executive Board for a renewable term of five years and is assisted by four Deputy Managing Directors. The IMF is governed by 24 members of the Executive Board, representing a single country or groups of countries.




1 Information updated as of: 4 February 2021


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Created:6/17/2020 3:20 PM   by:  Pambid Frederick D.
Modified:3/4/2021 12:09 PM   by:  Pambid Frederick D.