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CURRENT AFFAIRS - ICSI

CURRENTAFFAIRSC hapter1 International andNational Affairs12 Financial Affairs463 Political Affairs584 Legal and Other Affairs75 Lesson 1 INTERNATIONAL ANDNATIONAL AFFAIRS1 CURRENT Affairs2 INTERNATIONAL MONETARY FUNDThe International Monetary Fund (IMF) is an organizationof 189 countries, working to foster global monetarycooperat ion, secure financial st abilit y, facilit at einternational trade, promote high employment andsustainable economic growth, and reduce poverty aroundthe in 1945, the IMF is governed by and accountableto the 189 countries that make up its IMF's primary purpose is to ensure the stability of theinternational monetary system the system of exchangerates and international payments that enables countries(and their citizens) to transact with each other.

3. To promote active collaboration and mutual assistance on matters of common interest in the economic, social, cultural, technical, scientific and administrative fields; 4. To provide assistance to each other in the form of training and research facilities in the educational, professional, technical and administrative spheres; 5.

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