How the IMF Supports the Global Economy: Lending, Policy Advice, and More

Source details

Canonical URL: How the IMF Supports the Global Economy: Lending, Policy Advice, and More

The IMF’s mission is to promote macroeconomic and financial stability among its 191 member countries.
Core instruments used to fulfill this mandate:
- Short-term lending to countries in economic crises.
- Assessing economic conditions and recommending policies that promote economic stability.
- Providing technical assistance and training to help countries implement sound economic policies.

The IMF provides short-term balance of payments lending support to countries in crisis.
Objectives of IMF lending:
- Help countries meet urgent financial needs to stabilize their economies.
- Prevent further economic disruption.
- Reduce spillovers to other countries.
Programs that accompany lending:
- Help countries implement policies that restore long-lasting stability.
- Encourage private-sector led growth and investments.
Historical scope:
- For over 80 years, countries around the world have worked with the IMF to strengthen their economies.
Related material referenced: “Effectiveness of IMF Lending Programs”.

Rationale:
- With sound policies and strong economic institutions, countries can achieve better economic outcomes.
Areas of technical assistance and training include:
- Improving tax collection.
- Modernizing monetary and exchange rate policies.
- Strengthening economic governance.
Delivery model:
- IMF capacity development is available to all members upon their request.
- Assistance is tailored to a country’s specific needs.
Related material referenced: "Stories From Countries".

Event date: April 23, 2025
Purpose:
- Explore key drivers of meaningful change.
- Review effective policies implemented by countries facing economic challenges.
- Highlight essential partnerships, including collaborations with the IMF, that have empowered countries to create more resilient, dynamic, and inclusive economies.
Context:
- Focuses on how nations convert sudden shocks and persistent imbalances into sustainable progress through bold reforms.