The International Monetary Fund (IMF) is an organization of 189 countries that works to foster global monetary cooperation and financial stability. It provides policy advice and financing to member countries facing economic difficulties. The IMF also assists developing nations in achieving macroeconomic stability and reducing poverty. Its key objectives include promoting international monetary cooperation, balanced trade growth, eliminating capital flow and foreign exchange restrictions, and helping countries adjust their balance of payments. Functions of the IMF include providing technical assistance, maintaining credit facilities for members, ensuring liquidity of resources, and maintaining exchange stability.