The International Monetary Fund groups 188 countries; its aim is to secure financial stability.
One of the organization's stated objectives is making financial resources available to member countries to meet balance of payments needs. The IMF therefore plays an important role in solving the crises of countries threatened by bancruptcy. Its headquarters are in Washington, D.C., United States, it current managing director is Christine Lagarde, a former French finance minister. This page collates recent DW coverage concerning Lagarde and the IMF.
Development funding has long been the exclusive preserve of the western oriented IMF and World Bank. Now there's a newcomer on the block. The Asian Infrastructure Investment Bank aims to fund projects in Asia, Latin America and Africa. The Chinese brainchild is largely backed by Beijing. But others, including some European countries, are getting on board. The US is staying outside.
Ukraine will begin negotiating with credititors to try and restructure its debt. It's required to do so in exchange for a lifeline that it's getting from the IMF. The first tranche of that loan -- 5 billion dollars -- was released this week. But it's not nearly enough to get Ukraine's economy back up and running again.
After a meeting in Berlin, Chancellor Angela Merkel and the leaders of the main international economic organizations outlined the geopolitical threats to economic growth. They agreed these risks should be overcome.