It is an organization formed with a stated objective of stabilizing international exchange rates and facilitating development through the enforcement

of liberalising economic policies [3] [4] on other countries as a condition for loans, restructuring or aid.[ ] It also offers highl! leveraged loans, mainl! to poorer countries

The objectives of the international monetary funds are 1. The main objective of the fund is to promote monetary cooperation among the different countries of the world. 2. The funds aims at providing and establishing multilateral payments and trade system in place of bilateral agreements. 3. It will try to remove all restrictions and controls on foreign exchange imposed by the It will. . It will lend or sell to its member - countries currencies of other countries. This facilitates foreign exchange transactions among the members. !. The fund aims at providing short - term monetary help to member countries during emergency. ". The fund is also to provide monetary help to member country in order to shorten the duration and lessen the degree of dise#uilibrium in their international balance of payment. $. %nother objective of the fund is to help the member countries invest their long - term funds in profitable activities. &. The fund is also to facilitate the expansion and balanced growth of international trade and to contribute thereby to promotion and maintenance of high levels of employment and real income of member countries.

Surveillance
The I'( oversees the international monetary system and monitors the financial and economic policies of its members. It )eeps trac) of economic developments on a national* regional* and global basis* consulting regularly with member countries and providing them with macroeconomic and financial policy advice.

Technical Assistance
To assist mainly low- and middle-income countries in effectively managing their economies* the I'( provides practical guidance and training on how to upgrade institutions* and design appropriate macroeconomic* financial* and structural policies.

Lending
The I'( provides loans to countries that have trouble meeting their international payments and cannot otherwise find sufficient financing on affordable terms. This financial assistance is designed to help countries restore macroeconomic stability by rebuilding their international reserves* stabili+ing their currencies* and paying for imports,all necessary conditions for

relaunching growth. The I'( also provides concessional loans to low-income countries to help them develop their economies and reduce poverty.