International monetary fund (IMF)

In 2004, the activities of the International Monetary Fund (IMF) related mainly to its responsibility for overseeing the international monetary system and the economic, financial and exchange rate policies of its member countries. The Fund continued to foster sustainable growth and financial stability, promote sound policies and assist in the global fight against poverty, particularly in low-income countries. Following the expiration of its contingent credit lines instrument, IMF began exploring the scope for adapting precautionary arrangements for crisis prevention and introduced ex post assessment of the programmes it supported. It also continued to emphasize financial sector surveillance and to combat money laundering.

Related Subject(s): United Nations