International Monetary Fund (IMF)

The International Monetary Fund (IMF) is an international organization that works to encourage international monetary cooperation and facilitate global financial stability by providing policy advice, lending, and technical assistance to its 188 member countries. The IMF tracks economic and financial developments, provides economic policy advice to member countries, and helps members adjust to changes in their global economic environment. The IMF is also a major source of concessional lending to low-income and emerging market countries, providing loans to help countries manage their international payments, debt burdens, and monetary policies. The IMF's headquarters are in Washington, D.C. It also has offices in more than 70 countries.