International Monetary Fund
The International Monetary Fund (IMF) is an international financial organization established in 1945, headquartered in Washington, D.C. Its mission is to foster global monetary cooperation, secure financial stability, facilitate international trade, and promote sustainable economic growth while reducing poverty. The IMF was created following discussions among representatives from 45 countries in Bretton Woods, New Hampshire, aimed at preventing the economic turmoil that contributed to the Second World War. The organization serves its 188 member countries by monitoring global economic trends, providing policy advice, and offering financial assistance to nations facing balance of payments issues. Additionally, the IMF delivers concessional loans to support poverty alleviation in developing countries and offers technical assistance and training to improve economic management. Through these efforts, the IMF aims to help countries navigate the challenges of globalization and achieve economic stability and growth.
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Past deals in Pakistan
State Bank of Pakistan
State Bank of Pakistan is the central bank of Pakistan that performs both the traditional and developmental functions to achieve macro-economic goals.
The State Bank of Pakistan has also been entrusted with the responsibility to carry out monetary and credit policy in accordance with Government targets for growth and inflation with the recommendations of the Monetary and Fiscal Policies Co-ordination Board without trying to effect the macroeconomic policy objectives.
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