INTERNATIONAL
BUSINESS
Abdullsamad Khan
(L4S12MCOM0130)
Faheem Ahmad Rana
(L4S12MCOM2126)
Hafiz Zain-UL-Abideen
(L4S12MCOM2141)

Members
IMF is UNO recognized international monetary fund or
reserve which helps its members.
It has 188 members across the all ...
Created on July 22, 1944.
Came into existence on December 27, 1945 when 29
countries signed the Articles of Agreement.
...
The IMF was conceived in July 1944, when representatives
of 45 governments meeting in the town of Bretton
Woods, New Hamps...
ORDINARY MEMBERS:
All those who became its members subsequently.

ORIGINAL MEMBERS:
All those countries who agreed to be t...
Any country can become the member of IMF but for
getting eligibility the procedure is adopted by IMF
First of all member...
 To promote international monetary cooperation.
 To facilitate the expansion of international trade.
 To ensure stabili...
 Providing short terms credit to members for meeting
temporary difficulties due to adverse balance of
payments.
 Reconci...
 The IMF has shown great interest in the economic
development of under development countries
 The IMF has promoted excha...
Membership of the IMF
(Date of entry into force: December 27, 1945)
Chronological List
(of some Member Countries)
Member

...
QUOTAS:
The fund has general account based on quotas allocated to its
members.

FUND BORROWING:
It was in force from Oct...
 Since 1988, Pakistan has not enjoyed smooth relations
with the IMF Because of the latter's dissatisfaction with
the econ...
 IMF Executive Board Completes First and Second Reviews
Under Extended Fund Facility Arrangement for Greece and
Approves ...
International Monitory Fund (IMF) by Abdullsamad Aqil Khan
International Monitory Fund (IMF) by Abdullsamad Aqil Khan
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International Monitory Fund (IMF) by Abdullsamad Aqil Khan

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International Monitory Fund (IMF) by Abdullsamad Aqil Khan

  1. 1. INTERNATIONAL BUSINESS
  2. 2. Abdullsamad Khan (L4S12MCOM0130) Faheem Ahmad Rana (L4S12MCOM2126) Hafiz Zain-UL-Abideen (L4S12MCOM2141) Members
  3. 3. IMF is UNO recognized international monetary fund or reserve which helps its members. It has 188 members across the all nations but soviet Russia and its member are not linked with IMF. All work is done by its board of directors which is made by board of governors. Every country’s finance minister is as the governor from his respective country. IMF
  4. 4. Created on July 22, 1944. Came into existence on December 27, 1945 when 29 countries signed the Articles of Agreement. The IMF's stated goal was to stabilize exchange rates and assist the reconstruction of the world’s international payment system post World War II. In 1947, France became the first country to borrow from the IMF As of January 2012, the largest borrowers from the fund in order are Greece, Portugal, Ireland, Romania and Ukraine. History
  5. 5. The IMF was conceived in July 1944, when representatives of 45 governments meeting in the town of Bretton Woods, New Hampshire, in the north-eastern United States, agreed on a framework for international economic cooperation. Why was it created?
  6. 6. ORDINARY MEMBERS: All those who became its members subsequently. ORIGINAL MEMBERS: All those countries who agreed to be the members of the fund prior to 31st December,1945. MEMBERSHIP
  7. 7. Any country can become the member of IMF but for getting eligibility the procedure is adopted by IMF First of all membership is accepted by board of directors After accepting membership, board of directors send this proposal to board of governors with supported all documents All documents and subscription and quota amount as per the terms of membership. Eligibility for membership in IMF
  8. 8.  To promote international monetary cooperation.  To facilitate the expansion of international trade.  To ensure stability to foreign exchange rates.  To reduce disequilibrium in the international balance of payments of member countries.  To promote capital investment in backward and underdevelopment countries. Objectives
  9. 9.  Providing short terms credit to members for meeting temporary difficulties due to adverse balance of payments.  Reconciling conflicting claims of member countries.  Providing a reservoir of currencies of member-countries and enabling members to bor-row on another's currency.  Credit tranches  Promoting orderly adjustment of exchange rates.  Advising member countries on economic, monetary and technical matters. Functions
  10. 10.  The IMF has shown great interest in the economic development of under development countries  The IMF has promoted exchange rate stability and expansion of world trade.  It has provided an excellent forum for the discussion and solution of economic, fiscal and financial problems having an international impact.  The IMF has granted undue credit to some countries. Its insistence on devaluation in some cases proved ill advised.  It has been charged as being partial to developed countries and not helping adequately the under developed countries. Operations
  11. 11. Membership of the IMF (Date of entry into force: December 27, 1945) Chronological List (of some Member Countries) Member Effective Date of Membership Belgium December 27, 1945 Italy March 27, 1947 Canada December 27, 1945 China December 27, 1945 Egypt December 27, 1945 Philippines December 27, 1945 France December 27, 1945 Greece December 27, 1945 Turkey March 11, 1947 Iceland December 27, 1945 Pakistan July 11, 1950
  12. 12. QUOTAS: The fund has general account based on quotas allocated to its members. FUND BORROWING: It was in force from October 1962 to December 1998 . At that time its total borrowing was SDR 17 billion. Resources
  13. 13.  Since 1988, Pakistan has not enjoyed smooth relations with the IMF Because of the latter's dissatisfaction with the economic performance of Pakistan.  Pakistan signed several agreements with the IMF, but due to a variety of factors most of them remained incomplete.  The IMF, has played a crucial role in the macro economic stability of Pakistan since 1988 PAKISTAN AND IMF
  14. 14.  IMF Executive Board Completes First and Second Reviews Under Extended Fund Facility Arrangement for Greece and Approves €3.24 Billion Disbursement. (January 16, 2013) http://www.imf.org/external/np/sec/pr/2013/pr1313.htm  The IMF’s Executive Board has approved the renewal of Mexico’s Flexible Credit Line (FCL) for $73 billion. In its latest assessment of the Mexican economy, the IMF said growth has remained resilient, noting the country’s strong fundamentals and sound policy frameworks and management. (December 11, 2012) http://www.imf.org/external/pubs/ft/survey/so/2012/car121112a.h tm Recent Activities

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