BANKING AFFAIRS

Detailed explanation-1: -The International Monetary Fund (IMF) is an organization of 190 countries, working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world.

Detailed explanation-2: -We Are A Global Organization 44 founding member countries sought to build a framework for international economic cooperation. Today, its membership embraces 190 countries, with staff drawn from 150 nations. The IMF is governed by and accountable to those 190 countries that make up its near-global membership.

Detailed explanation-3: -The Republic of Nauru joined the International Monetary Fund (IMF) today when Finance Minister David Adeang signed the IMF’s Articles of Agreement at a ceremony in Washington D.C. Nauru had applied for membership in the IMF in April 2014 (see Press Release No.

Detailed explanation-4: -Today the IMF welcomed the Principality of Andorra as its 190th member.

Detailed explanation-5: -The International Monetary Fund (IMF) works to achieve sustainable growth and prosperity for all of its 190 member countries.