What Role Does IMF (International Monetary Fund) Play?

[Good-Person]

The term IMF refers to international monetary funds. It is an organisation that always offers loans to countries and also engages in many other activities as well. Can IMF actually help to control inflation? Should countries rely on IMF? What do you think?

 

[Busybee]

The main role of the IMF is to provide member countries with policy advice, financial assistance, and technical expertise to help them overcome economic challenges and maintain financial stability. It can help to reduce currency crisis.

 

[Ernestnari]

The IMF helps a member country to boost economic growth by giving out loans and other monetary reliefs. It advises countries on favourable economic policies to take that would better the country economically.

 

[Trey]

IMF is a confederate and has no powers over any sovereign nation. It only studies the economic indices and makes recommendation on what should be expected and measures to be taken. Their economic and financial inputs are always sound though and most times always leads to economic success by countries.

 

[Kane]

IMF was created to improve the global economy by helping poor and small economies by giving financial aid and soft loans. IMF promotes macro economy as well as financial stability in the developing world. Countries that get help from IMF should use the money for infrastructure development that will improve economy in the long run

 

[Good-Person]

IMF was created to improve the global economy by helping poor and small economies by giving financial aid and soft loans. IMF promotes macro economy as well as financial stability in the developing world. Countries that get help from IMF should use the money for infrastructure development that will improve economy in the long run

Whenever IMF gives money to a country, they also demand the money back and also charge interest for that. Unfortunately, my country is so dependent on IMF that now they consider it great news when IMF offers loans! Can you imagine that! They do not even realise that getting money from IMF is not a big deal at all.

 

[HK World]

The IMF can provide valuable guidance and support to countries to effectively manage inflation. But relying solely on the IMF to control inflation may not be sufficient or appropriate for every country.

 

[Good-Person]

The IMF can provide valuable guidance and support to countries to effectively manage inflation. But relying solely on the IMF to control inflation may not be sufficient or appropriate for every country.

My country relies too much on IMF and this is due to the fact that the exports of local products and items have decreased a lot. The country never had money to pay importers and this lead to issues at the port. The flawed policies of the government is to be blamed. Moreover, the government is also corrupt in here and they do not care for the people.

 

[Mostee501]

The International Monetary Fund (IMF) plays several important roles in the global economy. The IMF role the play are providing financial assistance, Promoting global economic stability, technical assistance and capacity building, surveillance and policy advice.

 

[Heatman]

The first thing that comes to my mind whenever I hear about International Monetary Fund (IMF) is that they are setup in order to help countries to manage their economic in such a way that they are going to have something stable that is going to make the lives of their citizens better.

 

[Good-Person]

The first thing that comes to my mind whenever I hear about International Monetary Fund (IMF) is that they are setup in order to help countries to manage their economic in such a way that they are going to have something stable that is going to make the lives of their citizens better.

Well, they have to deal with many issues while dealing with the governments of different countries. This is what is happening with my country, as they would have to deal with policies formed by the government in here. The government has no real plan to give the loan back to IMF and this is where the danger lies, as the country may declare bankruptcy.

 

[Heatman]

The International Monetary Fund (IMF) plays several important roles in the global economy. The IMF role the play are providing financial assistance, Promoting global economic stability, technical assistance and capacity building, surveillance and policy advice.

I don't think there is any international body that is giving financial assistance to so many other countries in the world more than the way International Monetary Fund have been doing it over the years which is why I keep wondering why they never run out of money they are using to support in different countries?

 

[Kevovo]

In truth, the international monetary fund is there to ensure that their boss, the western powers remain financial leaders in the world.

This is why most times the economic advise they offer poor struggling countries never works and only end up sinking those countries further into debt.

 

[Heatman]

In truth, the international monetary fund is there to ensure that their boss, the western powers remain financial leaders in the world.

This is why most times the economic advise they offer poor struggling countries never works and only end up sinking those countries further into debt.

The simple truth is that the International Monetary Fund will only be able to do the ones there can be able to do and not everything. On March 20th, 2023 the International Monetary Fund Executive Board approved a 48 month extended Fund Facility of about 3 billion US dollars to support Sri Lanka's economic policies and reforms.

 

[Smiles20]

The international monetary fund is a subsidiary of the world organisation. It is an organisation that aims to provide basic financial assistance to member countries, provision of advice as well as a regulation to avoid issues like inflation.

 

[Good-Person]

I don't think there is any international body that is giving financial assistance to so many other countries in the world more than the way International Monetary Fund have been doing it over the years which is why I keep wondering why they never run out of money they are using to support in different countries?

The IMF has been supporting a lots of countries. However, I think that they have never offered help for free. They charge huge interest rates when it comes to offering loans. This is something that many people should understand. If a country does not create good policies after taking loans, then they may struggle even more.

 

[Heatman]

The international monetary fund is a subsidiary of the world organisation. It is an organisation that aims to provide basic financial assistance to member countries, provision of advice as well as a regulation to avoid issues like inflation.

One thing that I've still yet to understand well about the money they used to give to developing countries to support their financial policy is whether it is a loan and something they are going to pay back over a period of time...or just grant to support them without having to pay back?

 

[Frank]

The main role of the IMF is to provide member countries with policy advice, financial assistance, and technical expertise to help them overcome economic challenges and maintain financial stability. It can help to reduce currency crisis.

I don't think they can help to reduce currency crisis as we have seen when Britain left EU. Currency crisis is closely related to what we have with how a country plan their monetary policies and even though IMF can make suggestions on how these countries should setup these policies, they can never impose it on any nation.