Who is the IMF?

The International Monetary Fund (IMF) is an organization made up of 190 countries that helps manage the global economy. It provides loans to countries in financial trouble, offers advice on economic policies, and encourages international trade to promote global stability.

The IMF's goal is to make economies stronger and prevent crises that could affect many countries. However, the IMF is sometimes criticized because the loans they give often come with strict conditions, like cutting government spending, which some argue can hurt a country's poorest citizens or make the economy worse in the short term.

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Submitted: 21-10-2024
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