International Monetary Fund Annual Report 2016

Chapter

Part 2. What We Do (The “Big Three”)

Author(s):
International Monetary Fund
Published Date:
September 2016
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The IMF has three main roles

  • Economic Surveillance

  • 117 country health checks

  • The IMF oversees the international monetary system and monitors the economic and financial policies of its 189 member countries. As part of this surveillance process, which takes place both at the global level and in individual countries, the IMF highlights possible risks to stability and advises on needed policy adjustments.

  • Lending

  • $9.2B to 16 countries, including $1.2 billion in low- or zero-interest loans to 13 low-income developing member countries

  • The IMF provides loans to member countries experiencing actual or potential balance-of-payments problems to help them rebuild their international reserves, stabilize their currencies, continue paying for imports, and restore conditions for strong economic growth, while correcting underlying problems.

  • Capacity Development

  • $256M for expert advice and training

  • The IMF helps its member countries design economic policies and manage their financial affairs more effectively by strengthening their human and institutional capacity through expert advice known as “technical assistance” and training, which together it calls “capacity development.”

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