What is The International Monetary Fund (IMF) ?

The International Monetary Fund, is often referred to as the IMF and is headed by Christine LaGarde at present and she has been one of the most active and public leaders helping with the global recovery along with loans to distressed countries during the financial crisis. The IMF is an organization of 187 countries based in Washington D.C. It is designed to assist countries in financial trouble. Member countries contribute to the fund, relative to their economies, when assistance is needed.

By Barry Norman, Investors Trading Academy.