The International Monetary Fund is an international financial institution, headquartered in Washington, D.C., consisting of 190 countries "working to foster global monetary cooperation, secure financial ...

What was the IMF created for?

The IMF was established in 1944 in the aftermath of the Great Depression of the 1930s. 44 founding member countries sought to build a framework for international economic cooperation. Today, its membership embraces 190 countries, with staff drawn from 150 nations.

Did the US create the IMF?

The International Monetary Fund (IMF) was created in the wake of the Great Depression to promote stability in global financial markets. ... The United States increased its support for the IMF after the 2008 financial crisis, giving it great influence over the IMF's work going forward.