The International Monetary Fund

Purpose: The IMF was created to promote international monetary cooperation, to facilitate the expansion and balanced growth of international trade, to promote exchange stability, to assist in the establishment of a multilateral system of payments and to make loans to member nations under times of difficulty.

Date of Origin: December 27, 1945

Original Membership: 29 countries

Current Membership: 182 countries

Director: Michel Camdessus(France), assumed office in 1987

Staff: Approximately 2,600 from 110 countries

Current Outstanding Loans:
World 55.6
Africa 7.1
Asia 18.4
Europe 16.0
Middle East 0.5
Western Hemisphere 13.6

Address: External Relations Department
International Monetary Fund
Washington, D.C. 20431 U.S.A.
Telephone: 202-623-7300
Fax: 202-623-6278

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