WHO CONTROL IMF?

 

The International Monetary Fund (IMF) is an international organization that provides financial assistance and advice to member countries to promote global economic stability and cooperation. It does not have a net worth in the same way that a company or individual might, as it does not generate profits or own assets.

Instead, the IMF has a financial resource base that consists of member countries' financial contributions and borrowing capacity. As of 2021, the IMF's financial resource base was around $1 trillion. This consists of member countries' quotas, which are the financial contributions that they make to the IMF, and the IMF's borrowing capacity, which consists of the funds that it can borrow from member countries and other sources.

The IMF uses these financial resources to provide financial assistance to member countries in the form of loans and other financial instruments. It also earns income from the financial instruments that it holds and from the use of its financial resources. This income is used to cover the IMF's operational expenses and to finance its lending operations.

Overall, the IMF's financial resource base allows it to fulfill its mandate of promoting global economic stability and cooperation through the provision of financial assistance and advice to member countries.