
736 | Chapter 25
Objectives
The main objectives of IMF are as follows:
1. Promote international monetary cooperation
2. Facilitate the expansion and balanced growth of international trade
3. Promote exchange stability and maintain orderly exchange arrangements
among members
4. Assist in establishing a multilateral system of payments in respect of current
transactions among member countries, and also assist in eliminating foreign
exchange restrictions that hamper the growth of world trade
5. Make available to members the general resources on a temporary basis to
enable them to correct BoP problems without resorting to measures that would
harm ...