Wednesday, July 23, 2014 9:36 PM EST

International Monetary Fund

The International Monetary Fund (IMF) is the international organization that oversees the global financial system by following the macroeconomic policies of its member countries, in particular those with an impact on exchange rate and the balance of payments.

It is an organization formed with a stated objective of stabilizing international exchange rates and facilitating development through the enforcement of liberalising economic policies on other countries as a condition for loans, restructuring or aid.

It also offers highly leveraged loans, mainly to poorer countries. Its headquarters are in Washington, D.C., United States.

Articles About International Monetary Fund

A Malaysian air crash investigator (R) inspects the crash site of Malaysia Airlines Flight MH17, near the village of Rozsypne, Donetsk region, July 22, 2014. A train carrying the remains of many of the 298 victims of Malaysia Airlines flight MH17 arrived
Malaysia Airlines Flight MH17: CIA and Ukraine Together ‘Orchestrated’ Boeing 777’s Shot Down; Russian Media Accuses the U.S.- Report

By IBTimes AU

Soon after mysterious disappearance of Malaysia Airlines flight MH370, another tragedy occurred that will haunt people around the world forever. Malaysia Airlines flight MH17 believed to have been shot down in the Ukrainian skies on July 17, 2014 kil... (12:57 pm)

MORE TOPICS: CHINA, RUSSIA, INDIA, UKRAINE, CENTRAL INTELLIGENCE AGENCY

Leaders of BRICS and UNASUR attend the summit
BRICS Create Development Bank to Rival IMF, World Bank

By IBTimes AU

Emerging super nations BRICS (Brazil, Russia, India, China and South Africa) have finally made good a plan flaunted in 2012 to establish a BRICS development bank that could rival and possibly topple the IMF and World Bank. (Jul 18)

MORE TOPICS: CHINA, IMF, GOLDMAN SACHS, RUSSIA, INDIA, SOUTH AFRICA

Tony Abbott at New York Stock Exchange
Clive Palmer Calls Tony Abbott's Debt Crisis Excuse as 'Bull****'; PUP Ready for July Senate

By IBTimes AU

Palmer United Party (PUP) leader Clive Palmer is on the brink of wielding his power in the Senate in July. In a speech in Canberra, Palmer outlined what he would if he was given the chance to be the prime minister of Australia. (Jun 24)

MORE TOPICS: AUSTRALIA, BROADBAND, TONY ABBOTT

NZ Economic Growth 'Fastest in 6 Years' as Christchurch Construction Continues

By IBTimes AU

The ongoing construction work in quake-damaged Christchurch has boosted New Zealand's economy growth to its fastest rate in six years. (Jun 20)

MORE TOPICS: GDP, AUSTRALIA, ELECTIONS, IMF

Steam rises from the stacks of the coal-fired Jim Bridger Power Plant
Australia to 'Fail' in Achieving Carbon Emission Reduction Targets Due to Shortfall

By IBTimes AU

Australia is expected to achieve less than a third of its target carbon emission cuts, according to research firm Reputex. The report may be a reflection of the country's climate change policy. (Jun 13)

MORE TOPICS: AUSTRALIA, CLIMATE CHANGE, TONY ABBOTT, IMF

FIN REA REAL FINS AU
Aussie Home Sellers Prefer Rich Foreign Buyers

By IBTimes AU

A growing trend among Aussie home sellers show they prefer foreign buyers over locals (Jun 12)

MORE TOPICS: IMF, AUSTRALIA

A row of newly-constructed homes selling for over one million dollars each are pictured in the new Sydney suburb of Greenhills Beach, May 13, 2014.
IMF: Australia Ranks 3rd Highest House Price-to-Income Global Ratio

By IBTimes AU

After Belgium and Canada, Australia has ranked the third highest house price-to-income ratio worldwide, according to the International Monetary Fund. (Jun 12)

MORE TOPICS: NASA, IMF, TWITTER, AUSTRALIA, TONY ABBOTT

New Zealand's Prime Minister John Key smiles after the general election in Auckland November 26, 2011.
New Zealand Economy to Grow 3.5%; IMF Warns of Housing and China Slowdown

By IBTimes AU

The International Monetary Fund (IMF) is expecting a 3.5 per cent growth for the New Zealand's economy for the year before going back to a 2.5 per cent average by 2016. According to the IMF, the country's economic expansion is being driven ... (Jun 11)

MORE TOPICS: CHINA, IMF, UKRAINE

Australia's Business Confidence Remains 'Flat' Despite Abbott's Tough Federal Budget

By IBTimes AU

Business confidence in Australia continues to remain "steady" in the face of the Abbott government's tough budget cuts and falling consumer confidence. (Jun 10)

MORE TOPICS: AUSTRALIA, IMF, WESTPAC, TONY ABBOTT

Tony Abbott
Australia's Consumer Index Drops to New Low in Over 2 Years As Families Worry About Money

By IBTimes AU

Consumer confidence in Australia dropped to its newest level in over two years as Australians begin to worry about the impact of the Abbott government's budget on their family's finances. According to reports, the Westpac Melbourne Institute Index of Consumer Sentiment declined 6. (May 23)

MORE TOPICS: WESTPAC, AUSTRALIA, TONY ABBOTT, UNEMPLOYMENT, IMF