The Intl Monetary Fund
31-05-2004, 04:46
sorry..not really an explosion, but
http://web.jet.es/barbieboo/logo_imf.jpg
Intorducing The IMF
CLICK FOR THE IMF DISCUSSION CENTER (http://s8.invisionfree.com/IMF/index.php)- You Must Join This Forum
The IMF is an organization of (10 and rising) nations, working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty.
Our orangization is established to aid any nation at any time!
Please Become A Memeber
Membership is only a small donation of $1 billion dollars (US). Please indicate your intent to become a member here.
The purposes of the International Monetary Fund are:
(i) To promote international monetary cooperation through a permanent institution which provides the machinery for consultation and collaboration on international monetary problems.
(ii) To facilitate the expansion and balanced growth of international trade, and to contribute thereby to the promotion and maintenance of high levels of employment and real income and to the development of the productive resources of all members as primary objectives of economic policy.
(iii) To promote exchange stability, to maintain orderly exchange arrangements among members, and to avoid competitive exchange depreciation.
(iv) To assist in the establishment of a multilateral system of payments in respect of current transactions between members and in the elimination of foreign exchange restrictions which hamper the growth of world trade.
(v) To give confidence to members by making the general resources of the Fund temporarily available to them under adequate safeguards, thus providing them with opportunity to correct maladjustments in their balance of payments without resorting to measures destructive of national or international prosperity.
(vi) In accordance with the above, to shorten the duration and lessen the degree of disequilibrium in the international balances of payments of members.
The Fund shall be guided in all its policies and decisions by the purposes set forth in this Article.
When can a country borrow from the IMF?
A member country may request IMF financial assistance if it has a balance of payments need–that is, if it cannot find sufficient financing on affordable terms to meet its net international payments. An IMF loan eases the adjustment policies and reforms that a country must make to correct its balance of payments problem and restore conditions for strong economic growth.
The First Additional Four Nations To Join Will Be Installed Into the 7 Member Excecutive Board!
The IMF General Assembly will be a body of all MEMBER NATIONS
http://web.jet.es/barbieboo/logo_imf.jpg
Intorducing The IMF
CLICK FOR THE IMF DISCUSSION CENTER (http://s8.invisionfree.com/IMF/index.php)- You Must Join This Forum
The IMF is an organization of (10 and rising) nations, working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty.
Our orangization is established to aid any nation at any time!
Please Become A Memeber
Membership is only a small donation of $1 billion dollars (US). Please indicate your intent to become a member here.
The purposes of the International Monetary Fund are:
(i) To promote international monetary cooperation through a permanent institution which provides the machinery for consultation and collaboration on international monetary problems.
(ii) To facilitate the expansion and balanced growth of international trade, and to contribute thereby to the promotion and maintenance of high levels of employment and real income and to the development of the productive resources of all members as primary objectives of economic policy.
(iii) To promote exchange stability, to maintain orderly exchange arrangements among members, and to avoid competitive exchange depreciation.
(iv) To assist in the establishment of a multilateral system of payments in respect of current transactions between members and in the elimination of foreign exchange restrictions which hamper the growth of world trade.
(v) To give confidence to members by making the general resources of the Fund temporarily available to them under adequate safeguards, thus providing them with opportunity to correct maladjustments in their balance of payments without resorting to measures destructive of national or international prosperity.
(vi) In accordance with the above, to shorten the duration and lessen the degree of disequilibrium in the international balances of payments of members.
The Fund shall be guided in all its policies and decisions by the purposes set forth in this Article.
When can a country borrow from the IMF?
A member country may request IMF financial assistance if it has a balance of payments need–that is, if it cannot find sufficient financing on affordable terms to meet its net international payments. An IMF loan eases the adjustment policies and reforms that a country must make to correct its balance of payments problem and restore conditions for strong economic growth.
The First Additional Four Nations To Join Will Be Installed Into the 7 Member Excecutive Board!
The IMF General Assembly will be a body of all MEMBER NATIONS