Thursday, June 30, 2016

The Budgetary Effects of the United States’ Participation in the International Monetary Fund

"Since 1945, when the International Monetary Fund (IMF) was established to promote global economic cooperation and stability, the United States has been its largest contributor. Today, the United States’ financial commitment to the IMF totals approximately $164 billion; that is the maximum amount that the IMF can draw from the United States to make loans to other IMF members..."
International Monetary Fund

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